Latest COMEX News & Updates

New Delhi, Jan 10 (IANS) Gold and silver continued their structural bull run into the start of 2026 on the back of enhanced safe haven demand and industrial demand, analysts said on Saturday.Gold futures with February expiry gained significantly during the week touching Rs 1,38,875 per 10 grams, up from Rs 1,35,752 at last week’s close. The price of 10 grams of 24-carat gold closed the week at Rs 1,37,122 up from Rs 1,34,782 of the prior week, according to data published by the India Bullion and…

Mumbai, Jan 8 (IANS) Silver prices fell sharply on Thursday as selling pressure increased ahead of the annual rebalancing of global commodity indexes and the release of key US economic data.On the Multi Commodity Exchange (MCX), silver dropped nearly 3.5 per cent to trade below Rs 2,42,000 per kilogram during the session.The decline came after passive investment funds were expected to reduce their holdings in precious metals futures to match new index weightings.The selling is seen as heavier th…

Mumbai, Jan 4 (IANS) Global markets are set to begin the first full trading week of 2026 on edge after a major geopolitical shock involving Venezuela, a country with the world’s largest oil reserves. Investor focus has shifted sharply to safe-haven assets like gold and silver, while oil prices are expected to move higher amid fears of supply disruptions.Markets turned cautious after US forces captured Venezuelan President Nicolás Maduro and his wife during a military operation over the weeken…

New Delhi, Jan 3 (IANS) Gold and silver entered 2026 with elevated volatility after an exceptional 2025 rally, analysts said on Saturday, adding that the fundamental outlook for precious metals remains constructive.Gold futures with February expiry eased moderately down 0.04 per cent, settling at Rs 1,35,752 on MCX on Friday. The price of 10 grams of 24-carat gold closed the week at Rs 1,34,782 up from Rs 1,33,195 at the year end, according to data published by the India Bullion and Jewellers As…

Mumbai, Dec 30 (IANS) Precious metals showed signs of reversal in domestic market on Tuesday after it retreated sharply, with gold and silver falling from record highs in the earlier session.MCX gold February futures rose 0.59 per cent to Rs 1,35,744 per 10 grams, while MCX silver March futures jumped 4.08 per cent to Rs 2,33,700 per kg.In global markets, spot gold fell 4.5 per cent on Monday to $4,330.79 an ounce, while US gold futures for February delivery settled 4.6 per cent lower at $4,343….

New Delhi, Dec 29 (IANS) The silver market underwent a decisive structural shift in 2025, driven by prolonged physical supply deficits, inventory depletion and policy‑led supply constraints, a report said on Monday.The report from Motilal Oswal Financial Services Ltd predicted that silver would touch Rs 2,46,000 per kg in the domestic market.The brokerage continues “to maintain a buy-on-dips approach with a staggered investment strategy.””While the initial target of $75 on COMEX has been achie…

New Delhi, Dec 28 (IANS) Silver has surged to become one of the most valuable assets in the world, overtaking tech giants Apple Inc and Alphabet in market capitalisation and moving closer to surpassing NVIDIA Corporation to claim the second spot after gold.According to data from companiesmarketcap.com, silver’s market capitalisation has risen to $4.220 trillion. This places it just 8.1 per cent behind NVIDIA, which currently stands at $4.592 trillion.Gold continues to remain far ahead as the w…

New Delhi, Dec 22 (IANS) Driven by reports on expected US ‌Federal Reserve rate cuts in 2026 and strong safe haven demand among investors, spot gold ‍went up to a record high of $4,383.73 per ounce on Monday.In 2025, gold has seen a meteoric rise, up around 67 per cent amid geopolitical uncertainties and tariffs.According to analysts, gold and silver prices advanced last week and began the new week by touching fresh lifetime highs in both domestic and international markets.The rally followed…