Gold and silver prices will remain firm tomorrow after US and Israeli attacks on Iran killed the country’s supreme leader, Ayatollah Ali Khamenei. Analysts expect high volatility as heightened geopolitical tensions could push investors to safe havens such as precious metals.Khamenei’s death, confirmed by Iranian state media earlier today, prompted warnings of sharp retaliation from […]
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 extended losses on Friday as global tech stock gains and a stronger U.S. dollar erased most of the metals’ gains during a brief rebound earlier this week.Spot gold fell 0.7% to $4,735.99 an ounce as of 0037 GMT, after falling almost 4% on Thursday. U.S. gold futures for April delivery fell 2.8% […]
The S&P 500 and Nasdaq swung between gains and losses on Monday as markets absorbed a sharp sell-off in precious metals at the start of a week of corporate earnings and major economic data.Gold fell as much as 6% and silver tumbled 10% before recouping some losses after commodity exchange CME Group raised margin requirements […]
Gold fell more than 4% on Thursday as investors took profits after hitting a record high, but prices still remained on track for their best month since the 1980s amid heightened economic and geopolitical uncertainty.Gold was 4.6% lower at $5,149.99 an ounce at 10:48 a.m. ET (1548 GMT), having previously reached $5,594.82. U.S. gold futures […]
Gold and silver prices started 2026 on a mixed basis, with gold opening largely flat, while silver continued its notable rally from last year amid tight supply conditions, rising demand and a supportive interest rate environment.February gold futures opened at Rs 1,35,529 per 10 gram on the Multi Commodity Exchange (MCX), rising over Rs 82, […]
Asian shares started the week on a positive note, following Wall Street’s gains on Monday, as technology shares drove investor sentiment and currency markets struggled with volatility, while the Japanese yen fell to a record low.In Japan, Nikkei added 973 points or 1.97% to reach 50,480 at 8:40 am IST. South Korea’s Kospi also rose […]
After being trapped within a narrow trading band for several weeks, silver appears to be preparing for another potential breakout. After a sharp rally earlier this year from $37 to $54, prices consolidated within a wide range between $46 and $54.This prolonged consolidation phase is now attracting renewed attention from market participants, especially as global […]
Gold and silver prices opened in the green on Tuesday, rising as much as 1.2% on hopes of a Fed rate cut in December. December gold futures prices at MCX were trading Rs 1,070 or 0.86% higher at Rs 1,24,924/10 gram.Meanwhile, December silver futures contracts opened at Rs 1,56,380/kg, higher by Rs 1,898 or 1.23%. […]
Gold and silver prices fell in early trading on Tuesday, November 18, amid waning expectations for a US interest rate cut as investors await the release of delayed US economic reports this week. The lack of US data over the past six weeks, coupled with hawkish comments from several Fed officials, has dampened hopes for […]