Mumbai, July 8 (IANS) Gold and silver prices traded lower on Wednesday amid rising geopolitical tensions in the Middle East after the US military launched fresh strikes on Iran.On the Multi Commodity Exchange (MCX), gold futures for the August 5 contract opened at Rs 1,45,200 per 10 grams, down Rs 192 from the previous close of Rs 1,45,392.At around 10:35 am, the yellow metal was trading at Rs 1,45,000 per 10 grams, down Rs 392 or 0.27 per cent.During the session so far, MCX gold touched an intr…
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Mumbai, July 7 (IANS) Gold and silver prices extended their losses for a second consecutive session on Tuesday, with both precious metals declining by up to 2 per cent amid weakness in global markets.On the Multi Commodity Exchange (MCX), gold futures (August 5) opened marginally lower at Rs 1,46,566 per 10 grams, down 0.23 per cent, or Rs 351, from the previous close of Rs 1,46,917.Selling pressure intensified later, with the yellow metal falling Rs 1,255, or 0.85 per cent, to Rs 1,45,662 at ar…
New Delhi, July 6 (IANS) Gold traded flat while silver slipped in early trade on Monday as softer crude oil prices reduced expectations of further interest rate hikes by the US Federal Reserve.On the Multi Commodity Exchange (MCX), gold futures (August 5) opened at Rs 1,47,135 per 10 grams, down Rs 243 or 0.16 per cent from the previous close of Rs 1,47,378.At around 11 am, the yellow metal was trading at Rs 1,47,177 per 10 grams, down Rs 200 or 0.14 per cent. It touched an intraday low of Rs 1,…
Mumbai, July 2 (IANS) Gold and silver traded mixed in Thursday morning’s session, with gold edging lower on profit booking and silver extending gains for a third straight session amid expectations that the US Federal Reserve may not rush to raise interest rates.On the Multi Commodity Exchange (MCX), gold futures (August) opened at Rs 1,43,882 per 10 grams, down Rs 548 or 0.37 per cent from the previous close of Rs 1,44,430.At around 10:40 am, the yellow metal was trading at Rs 1,43,797, down Rs …
New Delhi, June 30 (IANS) Gold and silver prices continued to face selling pressure on Tuesday as investors and traders remained cautious over developments in West Asia and the US interest rate outlook.On the Multi Commodity Exchange (MCX), gold futures (August) declined as much as 1.37 per cent or Rs 1,952, to hit an intraday low of Rs 1,40,450 per 10 grams at around 11:50 am.At the last count, the yellow metal was trading at Rs 1,41,124, down over Rs 1,278, or around 1 per cent. It touched an …
New Delhi, June 29 (IANS) Gold and silver prices traded lower on Monday, with the yellow metal slipping below the Rs 1.44 lakh mark and the white metal hovering near Rs 2.23 lakh amid weak global cues.On the Multi Commodity Exchange (MCX), gold futures (August) opened at Rs 1,44,180 per 10 grams, marginally higher than the previous close of Rs 1,44,162. However, selling pressure emerged later.At around 10 am, the yellow metal was trading at Rs 1,43,470, down Rs 692 or 0.48 per cent. So far in th…
Mumbai, June 25 (IANS) Gold and silver showed volatility on Thursday, swinging between gains and losses amid expectations of further US Federal Reserve rate hikes and easing geopolitical tensions.On the Multi Commodity Exchange (MCX), gold futures (August) opened at Rs 1,40,672 per 10 grams, down Rs 598 or 0.42 per cent from the previous close of Rs 1,41,270.However, buying interest emerged later in the session, with the yellow metal rising Rs 719 or 0.50 per cent to touch an intraday high of Rs…
New Delhi, June 22 (IANS) Gold and silver prices traded higher on Monday amid a decline in crude oil prices and signs of progress in US-Iran peace talks.On the Multi Commodity Exchange (MCX), gold futures (August 5) rose Rs 615 or 0.42 per cent to trade at Rs 1,47,818 per 10 grams as of around 10:26 am.The yellow metal touched an intraday high of Rs 1,47,987, up 0.53 per cent or Rs 784 from the previous close and a low of Rs 1,45,110, down 1.42 per cent or Rs 2,093 during the session. It had set…
Mumbai, June 12 (IANS) Gold and silver prices traded higher on Friday, with precious metals surging by up to 2 per cent amid hopes of a peace deal in the ongoing West Asia conflict.On the Multi Commodity Exchange (MCX), gold futures (August) increased as much as 1.11 per cent or Rs 1,668 to hit an intraday high of Rs 1,50,600 as of around 11:30 am.The yellow metal was trading at Rs 1,49,916, up 0.66 per cent or Rs 948. It touched an intraday low of Rs 1,49,569, a gain of 0.42 per cent or Rs 637 …
Mumbai, June 11 (IANS) Gold and silver prices traded lower on Thursday, with precious metals falling by up to 2 per cent amid escalating tensions in the West Asia conflict.On the Multi Commodity Exchange (MCX), gold futures (August) declined as much as 1 per cent or Rs 1,573 to hit an intraday low of Rs 1,46,444 as of around 12 pm.The yellow metal was trading at Rs 1,47,860, down 0.11 per cent or Rs 157. It touched an intraday high of Rs 1,48,089, up 0.04 per cent or Rs 72 from the previous clos…