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Tag: silver trade

Silver reaches per ounce for the first time, gold rises in anticipation of the Fed’s interest rate decision
Stock Market

Silver reaches $60 per ounce for the first time, gold rises in anticipation of the Fed’s interest rate decision

Gold rose on Tuesday as traders remained optimistic ahead of the US Federal Reserve’s interest rate decision, while silver rose to hit an unprecedented milestone of $60 an ounce as the white metal faced supply constraints. Spot gold rose 0.6% to $4,215.19 an ounce at 11:11 a.m. ET (1610 GMT). U.S. gold futures for February […]

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Bullion signals: signs of cooling down
Business

Bullion signals: signs of cooling down

Precious metals hit record highs again, posting gains for the ninth straight week. Gold ($4,254/ounce) rose 5.9 percent and silver ($51.90/ounce) rose 3.2 percent. In the domestic market, gold futures (₹1,27,008/10 gram) and silver futures (₹1,56,604/kg) rose 4.7 percent and 6.9 percent respectively. MCX-Gold (₹1,27,008) Gold futures hit an all-time high of ₹1,32,294 on Friday […]

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