Precious metals tumbled in a brutal sell-off on Thursday, with silver plunging nearly 17% on Asian markets and Indian gold and silver ETFs plunging as much as 21%, as a resurgent dollar and easing geopolitical tensions punctured the parabolic rally that had gripped the precious metal for months.Spot silver fell as much as 17% on […]
U.S. stock index futures fell on Monday as a violent sell-off in precious metals unsettled investors at the start of a week of corporate earnings and key economic data.Gold fell as much as 6% and silver fell 10% as commodity exchange CME Group increased margin requirements for the precious metals following a historic drop on […]
Domestic gold recovered losses of around Rs 9,500 per 10 gram, or nearly 7%, after touching the day’s low of Rs 1,38,634 per 10 gram, to settle at Rs 1,48,104. As gold futures opened with a gap-up, prices came under sharp pressure amid profit booking ahead of the Budget 2026 announcements. The correction on the […]
The sell-off mirrored the 1980 ‘Silver Thursday’ collapse, when investors booked profits amid shifting global macroeconomic signals. The precious metals complex suffered its worst day since March 27, 1980, while gold and silver prices recorded their biggest single-day decline on the Indian futures market on Friday. Silver futures fell below ₹3 lakh per kg, while […]
CME Group is raising margin requirements on Comex gold and silver futures after the metals experienced some of their steepest declines in decades. This move is aimed at securing market stability amid increased volatility.According to an exchange statement issued on Friday, margins for gold futures under the non-enhanced risk profile will be increased from the […]
Precious metals markets witnessed their most brutal sell-off in more than a decade on Friday, with silver plunging more than 15% in the worst single-day carnage since 2011 and gold plunging more than 7% in its steepest decline since 2013. Profit-taking and a rising dollar on the expectations of an aggressive new Federal Reserve chairman […]
Gold and silver prices fell sharply for a second day in a row on Thursday, driven by the expected annual rebalancing of major commodity indexes, which is expected to lead to widespread selling of precious metals futures.On the Multi Commodity Exchange (MCX), silver futures for March 2026 delivery fell by Rs 9,297 or 3.71% to […]
The 11% intraday crash on the COMEX was driven by profit booking after CME Group raised margin requirements for white metal futures on its exchanges by $3,000 for the March 2026 contract, bringing the margin to about $25,000, up from $22,000 previously.This marked an increase from around $20,000 earlier this month and followed a previous […]