New Delhi, March 17 (IANS) Gold and silver prices rose on Tuesday ahead of the US Federal Reserve’s policy meeting, with both precious metals gaining in early trade amid cautious investor sentiment.On the Multi Commodity Exchange (MCX), gold futures (April 2) were trading at Rs 1,57,145 per 10 grams at around 10 am — up Rs 1,409 or around 1 per cent. During the session so far, gold touched an intraday low of Rs 1,56,649, indicating a firm but range-bound trend.Meanwhile, silver contracts for …
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Mumbai, March 7 (IANS) Precious metals – gold and silver – maintained their bullish momentum this week, as escalating geopolitical tensions in the Middle East spurred safe-haven buying and heightened volatility across the broader commodities basket.Despite intermittent intra-day pullbacks and profit-taking, the trend structure for precious metals remains decisively bullish.Gold futures (April 2) on MCX extended their upward trajectory, breaking the Rs 1,65,000 resistance and trading at Rs 1,…
New Delhi, Feb 28 (IANS) Gold and silver prices are expected to open sharply higher on Monday as escalating tensions between Israel and Iran push investors towards safe-haven assets, market experts said on Saturday.Experts believed that rising uncertainty following Israel’s “preventive” strikes on Iran could drive investors towards gold and silver, boosting prices further.Tehran was rocked by massive explosions on Saturday after Israel launched what it described as “preventive” missile…
Mumbai, Feb 24 (IANS) Gold and silver prices retreated on Tuesday, amid uptick in US dollar and profit‑taking after huge gains in previous session.Investors weighed in tariff uncertainty and ongoing US-Iran peace talks which capped the decline in prices.MCX gold April futures dipped 0.58 per cent to Rs 1,60,664 per 10 grams around 10.50 am on an intraday basis. Meanwhile MCX silver March futures declined 0.33 per cent to Rs 2,64,450 per kg.On Comex, gold futures for April delivery fell 1.1 per…
Mumbai, Feb 23 (IANS) Gold and silver prices surged significantly on Monday, amid growing geopolitical tensions and the US dollar’s steep fall.MCX gold April futures gained 1.83 per cent to Rs 1,59,749 per 10 grams on an intra-day basis. Meanwhile, MCX silver March futures gained 5.10 per cent to Rs 2,65,836 per kg.Earlier in the day, gold had jumped 2 per cent while silver soared 6 per cent. Analysts attributed the surge to geopolitical tensions as US President Donald Trump’s 10-day deadline fo…
New Delhi, Feb 10 (IANS) Gold and silver prices dipped moderately on Tuesday due to a stronger dollar and profit booking, even as geopolitical uncertainties extended medium-term support to precious metals.MCX gold February futures dipped 0.33 per cent to Rs 1,57,550 per 10 grams on an intra-day basis. Meanwhile, MCX silver March futures declined 1.92 per cent to Rs 2,57,567 per kg.Earlier, silver prices dipped over 2 per cent to its day’s low of Rs 2,57,100 per kg and gold prices dipped 1.3 per …
Mumbai, Feb 6 (IANS) Global copper prices have surged nearly 40 per cent this fiscal (FY26), reaching around $13,000 per tonne by January 2026, driven by persistent mine-side supply disruptions, declining ore grades and inventory dislocations across exchanges, a report said on Friday.Ratings agency ICRA said in the report that tight supply conditions outside the United States and uncertainty around tariffs are expected to support prices in the range of $11,000–12,000 per tonne in H1 FY27.Howev…
Mumbai, Feb 6 (IANS) Gold prices fell moderately, while silver lost over 3 per cent on Friday due to a stronger dollar and a rout in global technology stocks.MCX gold February futures fell 0.97 per cent to Rs 1,50,590 per 10 grams around 10.40 am on an intraday basis. Meanwhile, MCX silver March futures plunged 3.71 per cent to Rs 2,34,775 per kg.On the MCX, silver prices had declined as much as 6 per cent to their day’s low of Rs 2,29,187 per kg earlier during the session before a strong reboun…
Mumbai, Feb 5 (IANS) Gold prices fell moderately on Thursday after two days of surge, while silver posted a sharp fall of over 8 per cent.MCX gold February futures fell 0.98 per cent to Rs 1,51,552 per 10 grams around 10.25 am on an intraday basis. Meanwhile, MCX silver March futures plummeted 8.39 per cent to Rs 2,46,283 per kg. Gold and silver prices had risen around 6 per cent in the early morning trade but failed to sustain those levels. Analysts said that the fall in gold and silver at the …
Mumbai, Jan 27 (IANS) Gold and silver prices surged to record highs on Tuesday, amid persistent weakness in the US dollar and expectations of rate cuts by the US Federal Reserve.MCX gold February futures rose 1.48 per cent to Rs 1,58,343 per 10 grams. Meanwhile, MCX silver March futures rose 6.56 per cent to Rs 3,56,670 per kg.Earlier in the day, gold had peaked to Rs 1,59,820 per 10 grams, up 2.4 per cent, before profit-booking eased the price level.International markets also saw gold and silve…