New Delhi, Jan 23 (IANS) Gold and silver prices surged to record highs on Friday, as the US dollar weakened and geopolitical tensions surged over threats of US intervention in Iran.MCX gold February futures rose 1.23 per cent to Rs 1,58,261 per 10 grams around 11.25 am. Meanwhile MCX silver March futures rose 2.63 per cent to Rs 3,35,900 per kg.International markets also saw gold trading near historic highs, holding firm around the $4,951 zone after marking a fresh record at $4,967.The prior res…
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New Delhi, Jan 22 (IANS) Gold futures on the MCX dipped close to 1 per cent on Thursday from record high in the previous session due to profit booking, amid easing geopolitical tensions and strengthening of dollar.Fears of a US‑EU trade conflict moderated after US President Donald Trump softened his tone on acquisition of Greenland.MCX gold February futures dipped 0.78 per cent to Rs 1,51,665 per 10 grams. Meanwhile MCX silver March futures dipped 0.62 per cent to Rs 3,16,509 per kg.Gold rates…
New Delhi, Jan 21 (IANS) Gold futures on the MCX surged over Rs 4,100 or 4 per cent on Wednesday to a fresh record high, as investors jumped to buy safe‑haven assets amid fears of a widening US‑EU trade conflict and a softer dollar.MCX gold February futures rose 4.25 per cent to Rs 1,56,970 per 10 grams. Meanwhile, MCX silver March futures rose 2.71 per cent to Rs 3,32,451 per kg.International markets also saw new peaks as US gold futures jumped to $4,849 per troy ounce on COMEX. COMEX silve…
Mumbai, Jan 20 (IANS) Silver prices on COMEX exchange touched record high at $94.740 an ounce on Tuesday, as investors rushed to buy safe‑haven assets while US–Europe trade dispute intensified after President Donald Trump continued tariff rhetoric tied to Greenland.Gold prices also traded near record highs, as MCX gold February futures rose 1.27 per cent to Rs 1,47,490 per 10 grams. Meanwhile, MCX silver March futures rose 1.75 per cent to Rs 3,15,720 per kg.Spot gold price touched $4,671.54…
Mumbai, Jan 19 (IANS) Silver prices surged to a fresh lifetime high on the Multi Commodity Exchange (MCX) on Monday, with the precious white metal touching the Rs 3 lakh per kg mark during the intra-day session.The rally was driven by strong safe-haven demand amid rising global uncertainties. The rally in silver came alongside fresh record highs in gold.The silver futures contract on MCX for March 2026 expiry opened with a strong upside gap at Rs 2,93,100 per kg and quickly extended gains to hit…
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….