Gold and silver traders can expect some fireworks on Monday after Israel launched a pre-emptive strike on Iran on Saturday with the help of the United States, plunging the Middle East into a new bout of military confrontation.The strike is expected to further dim hopes for a diplomatic solution to Tehran’s long-running nuclear dispute with […]
Gold prices remained largely steady on Friday, with investors digesting the previous day’s nuclear talks between the US and Iran, while the dollar, hovering near a three-week high, put pressure on the yellow metal. RAW MATERIALS Spot gold was steady at $5,187.39 an ounce by 0146 GMT. Bullion hit a more than three-week high on […]
Gold and silver prices have experienced one of the cruelest corrections in decades. After reaching an all-time high of almost US$5,600 per ounce in the last week of January, the gold price made a dramatic U-turn on January 30, falling to a low of US$4,400 in early morning trading on Monday (February 2). That is […]
The precious metals market has entered an extraordinary phase where long-held assumptions about price ceilings and market behavior are being debunked. Gold rising past $5,600 per ounce on the London spot market and silver crossing the $119 mark represent milestones that few thought possible in the short term. Strong resistance well below these levels was […]
Shares of Hindustan Zinc have fallen 2% in the past two trading sessions even as silver prices rose sharply to hit a new all-time high of Rs 4 lakh, highlighting the disconnect between commodity prices and stock performance. The stock’s weakness is not related to fundamentals or operational concerns but is mainly driven by promoter […]
Gold rose on Tuesday after breaking the $5,100 mark for the first time in the previous session, as safe-haven demand lingered amid geopolitical uncertainty, while silver also hovered near a record high. RAW MATERIALS * Spot gold rose 1.1% to $5,068.05 an ounce as of 0121 GMT, after hitting a record high of $5,110.50 the […]
Kolkata: Silver tumbled on Thursday as stocks rose, coming off record highs with a 40% gain this year, as easing geopolitical tensions prompted investors to book profits and shift to asset classes with better value returns, hit by recent bouts of uncertainty. Prices fell to ₹3.03 lakh per kg on Thursday after a record-breaking rally […]
Global commodity markets are witnessing sharp volatility as the annual rebalancing of major commodity indices triggers large-scale fund reallocations in precious, energy and industrial metals, said Mohammed Imran, Commodity Analyst at Mirae Asset Sharekhan.Speaking on ET Now’s Commodity Central, Imran said precious metals have already entered a corrective phase, with further downtrend likely due to […]
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 […]
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, […]