New Delhi, March 31 (IANS) Gold and silver prices are likely to open higher in Tuesday’s evening session amid hopes of de-escalation in the West Asia conflict.Tracking global cues, spot gold jumped as much as 2.39 per cent to $4,619.14 per ounce as of 11 A.M., while US gold futures for June delivery gained 2 per cent to $4,649.26.Similarly, spot silver advanced 4.82 per cent to $73.48 per ounce, while COMEX silver traded at $73.705, up 4.44 per cent from the previous close.On Monday, MCX gold …
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New Delhi, March 11 (IANS) Gold and silver prices eased on Wednesday as investors booked profits, though a softer US dollar and lingering geopolitical uncertainty capped the decline.MCX gold April futures lost 0.52 per cent to Rs 1,62,452 per 10 grams around 11.15 am on an intraday basis. Meanwhile, MCX silver May futures declined 1.69 per cent to Rs 2,73,150 per kg.The profit booking followed the MCX gold April futures contract rising almost 2 per cent and the silver May futures surging 4 per c…
New Delhi, Feb 26 (IANS) Gold and silver prices eased on Thursday, amid profit booking by investors, although rise in geopolitical tensions and decline in US dollar capped the slide.MCX gold April futures lost 0.25 per cent to Rs 1,60,741 per 10 grams on an intra-day basis. Meanwhile, MCX silver March futures declined 1.16 per cent to Rs 2,65,200 per kg.In the previous session, the MCX April gold contract and March silver contract had gained 0.74 per cent and 3 per cent, respectively, prompting …
New Delhi, Feb 25 (IANS) Gold and silver prices surged significantly on Wednesday, amid rise in global trade uncertainty, geopolitical tensions and decline in US dollar.MCX gold April futures gained 0.76 per cent to Rs 1,61,180 per 10 grams around 11.30 am on an intraday basis. Meanwhile MCX silver March futures gained 3.20 per cent to Rs 2,69,075 per kg.International gold prices including US futures also climbed as investors rushed for safe-haven buying amid persisting US-Iran tensions and unce…
New Delhi, Feb 16 (IANS) Gold and silver prices declined on Monday, as the US dollar strengthened tracking in-line US inflation data.MCX gold April futures dipped 0.56 per cent to Rs 1,55,023 per 10 grams around 12.30 am on an intra-day basis. Meanwhile MCX silver March futures declined 1.99 per cent to Rs 2,39,501 per kg.The dollar index surged 0.10 per cent to 97, tracking the moderation in US CPI (consumer price index) in January. The index earlier received support from strong jobs data that …
Mumbai, Feb 13 (IANS) Gold and silver prices surged on Friday as investors took to value buying after prices moderated due to huge declines in the previous session.MCX gold April futures gained 1.08 per cent to Rs 1,54,480 per 10 grams on an intra-day basis. Meanwhile, MCX silver March futures added 2.59 per cent to Rs 2,42,564 per kg.”Gold has recovered post the January end collapse and is well on its way to what we believe should be $6,000 per ounce levels by CY26 end,” said Sandip Raichura, C…
New Delhi, Feb 12 (IANS) Gold and silver prices dipped moderately on Thursday, as the US dollar strengthened.MCX gold April futures dipped 0.24 per cent to Rs 1,58,371 per 10 grams on an intra-day basis. Meanwhile MCX silver March futures declined 0.72 per cent to Rs 2,61,124 per kg.The dollar index surged to 96.94 on Thursday from 96.83 in the previous session, due to strong jobs data from the US that suggested underlying economic health. A stronger dollar made greenback-priced bullion more exp…
New Delhi, Feb 11 (IANS) Gold prices surged moderately, while silver surged sharply on Wednesday, buoyed by hopes of a more accommodative Federal Reserve amid soft US consumer spending data.MCX gold April futures climbed 0.71 per cent to Rs 1,57,909 per 10 grams on an intra-day basis. Meanwhile, MCX silver March futures gained 2.67 per cent to Rs 2,59,300 per kg.The dollar index eased to 96.59 on Wednesday from 96.80 in the previous session, making greenback-backed bullion slightly cheaper for o…
New Delhi, Jan 26 (IANS) In a dramatic rally, the gold prices have surpassed $5,000 an ounce, hitting another record high amid heightened global uncertainties.The safe-haven metal reached $5,026 an ounce in trading, as silver reached $102 an ounce for the first time. In January 2024, Gold stood at just above $2,000 an ounce.Precious metals continue to trade in a structurally strong bull market as we move deeper into 2026, with momentum firmly intact despite intermittent corrections and elevated …
Mumbai, Jan 19 (IANS) Gold and silver prices climbed to fresh record highs on Monday as investors sought safe‑haven assets after US President Donald Trump threatened new tariffs on several European countries over a dispute tied to Greenland.MCX gold February futures rose 1.68 per cent to Rs 1,44,905 per 10 grams, while MCX silver March futures rose 4.39 per cent to Rs 3,00,400 per kg.Spot gold rose over 1.6 per cent to $4,700 an ounce, before consolidating near $4,670, testing lifetime highs a…