Mumbai, July 27 (IANS) Gold and silver prices traded higher on Monday, with precious metals surging up to 1 per cent supported by a weaker US dollar and easing inflation concerns after crude oil prices plunged following the suspension of hostilities between the United States and Iran.On the Multi Commodity Exchange (MCX), gold futures (August) opened at Rs 1,43,575 per 10 grams, compared with the previous close of Rs 1,43,106.At around 12:10 pm, gold was trading at Rs 1,44,173 per 10 grams, up R…
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Mumbai, July 21 (IANS) Gold and silver prices traded higher on Tuesday, tracking gains in global bullion markets as easing crude oil prices and persistent geopolitical tensions in the Middle East boosted demand for safe-haven assets.On the Multi Commodity Exchange (MCX), gold futures for August delivery climbed as much as 1.03 per cent or Rs 1,460 to touch an intraday high of Rs 1,42,848 per 10 grams at around 11:20 am. Meanwhile, silver futures for September delivery rose 1.54 per cent or Rs 3,…
New Delhi, July 20 (IANS) Gold and silver prices traded higher on Monday, supported by value buying after the US dollar eased slightly, although elevated crude oil prices kept investors cautious amid expectations of another US Federal Reserve rate hike.On the Multi Commodity Exchange (MCX), gold futures for August delivery rose as much as 0.52 per cent or Rs 743 to hit an intraday high of Rs 1,41,649 per 10 grams at 11:45 am.At the last count, the yellow metal was trading at Rs 1,41,254, up Rs 3…
New Delhi, July 16 (IANS) Pakistan’s largest operating copper and gold mine is facing the threat of a shutdown within a month as worsening security in the restive Balochistan province disrupts the transport of critical supplies, according to a report.As per analysis of Mining.com, a letter sent to Pakistan’s Ministry of Energy warned that operations at the Saindak Copper-Gold Mine have been severely affected by the militant insurgency in Balochistan, raising the possibility of a production halt …
New Delhi, July 6 (IANS) Gold and silver have retreated sharply from their record highs in recent months, but the ongoing correction remains less severe than several historical bear markets in precious metals, according to the July 2026 edition of DSP Netra.The report analysed every major drawdown in gold and silver prices since the 1970s, comparing the magnitude of each correction, the time taken to reach a durable bottom and the period required to reclaim previous record highs.According to the…
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,…
New Delhi, July 2 (IANS) Taxation changes, customs duty hikes and global geopolitical tensions will be the defining factors of bullion prices in H2 2026, as prices are expected to remain volatile with possible consolidation after recent corrections, a report said on Thursday.Jewellery demand is expected to remain subdued, though the festive season could revive sales, particularly in lightweight categories, the report from All India Gem & Jewellery Domestic Council (GJC) said.The industry awa…
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 …
Thiruvananthapuram, June 27 (IANS) Escalating its campaign over issues relating to Sabarimala, BJP Kerala president Rajeev Chandrasekhar on Saturday urged Chief Minister V.D. Satheesan to order a CBI probe into the alleged disappearance of gold from the hill shrine and unconditionally withdraw all criminal cases registered against Ayyappa devotees during the Sabarimala protests.In a letter to Chief Minister Satheesan, Chandrasekhar said the issues were of immense significance to millions of Ayya…
New Delhi, June 25 (IANS) Indian equities may remain range-bound in the near term, but long-term outlook remains positive, backed by strong economic fundamentals and structural growth drivers, a report said on Thursday.The report from PL Wealth recommended staggered investments in quality large‑cap and large‑and‑mid‑cap strategies for short‑term investors.As inflation pressures ease and external headwinds decline over the medium term — six to 24 months — domestic growth drivers sho…