Latest Updates Around The World
Silver exchange-traded funds (ETFs) are down 38% from their all-time high just seven trading sessions ago on January 29, as increases in margin requirements and profit booking triggered a brutal unwinding of leveraged positions.The sharp reversal comes after spot silver plummeted below $65 an ounce before a dramatic recovery of 8.6% to $77.33 in international […]
Gold and silver witnessed one of their most dramatic selloffs last week, marking a sharp reversal from the record highs reached just days earlier. The plunge, which saw gold fall from above $5,587 to $4,403 and silver collapse by more than 30 to 36% in a matter of hours, was caused by a combination of […]
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 […]
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 […]
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 […]
In a dramatic reversal that caught bullish traders off guard, MCX Silver March Futures plunged 8% or Rs 21,000 per kg on Monday, crashing from an unprecedented peak of Rs 254,174/kg to Rs 233,120/kg after a non-stop rally that pushed the white metal to never-before-seen levels.The carnage followed silver’s historic breach of the $80 per […]
