New Delhi, Jan 5 (IANS) The price of precious metals including gold and silver opened sharply higher on Monday boosted by safe haven demand due to the United States capturing Venezuelan President Nicolas Maduro over the weekend.MCX gold February futures were 1.47 per cent up at Rs 1,37,750 per 10 grams around 1:30 p.m., while MCX silver March futures rose 2.92 per cent to Rs 2,43,223 per kg, though both remain below December 2025 record highs of Rs 1,40,465 per 10 grams and Rs 2,54,174 per kg.MC…
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Mumbai, Jan 4 (IANS) Sharing his annual outlook for the new year, S Naren, Executive Director and Chief Investment Officer at ICICI Prudential Mutual Fund said 2025 turned out to be a “year of hibernation” for Indian markets, even though the country’s macroeconomic fundamentals remained strong. “India maintained low fiscal and current account deficits, controlled inflation and healthy economic growth,” Naren mentioned.Despite these positives, Indian equities failed to deliver strong re…
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) As 2025 turned out to be historic for precious metals, with gold delivering returns of nearly 65 per cent and silver outperforming with gains of over 140 per cent, an expert said that the positive momentum likely to continue in 2026 as well. Speaking to IANS, Nainesh Pachchigar, Gujarat President of the India Bullion and Jewellers Association (IBJA), said gold and silver rewarded investors handsomely in 2025, and given prevailing global conditions, the positive momentum c…
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…
New Delhi, Dec 31 (IANS) India’s benchmark index Nifty is set to touch 29,150 up from earlier expectation of 28,500 by December 2026, implying a return of 12 per cent year‑on‑year for CY26, a report said on Wednesday.The report from Geojit Investments Limited said that it had a positive outlook on Indian equities as benign inflation and an improving demand environment, aided by fiscal and monetary measures will drive a turnaround in the domestic earnings cycle.The brokerage, however, flagged…
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…
Mumbai, Dec 26 (IANS) The foreign investors’ inflows in the Indian domestic equities is bouncing back and the long-term outlook for markets is robust, a report showed on Friday.The weakness in the rupee may keep foreign portfolio investors (FPIs) away, with a return expected only after the currency stabilises for an extended spell (1-2 months), according to the note by Emkay Global Financial Services.“However, we believe this is a temporary wobble. The long-term outlook for domestic flows is…
Mumbai, Dec 25 (IANS) In a year marked by heightened global uncertainty, precious metals delivered exceptional returns for investors, with silver emerging as a surprise winner.Silver prices surged by more than 137 per cent — outperforming gold — which also posted a strong gain of around 68 per cent this year.With equity markets facing volatility, both metals strengthened their position as preferred safe investment options, but silver clearly outshone all traditional choices.Gold’s strong per…
Mumbai, Dec 23 (IANS) Back in 2000, silver was priced at around Rs 7,900 per kg in India. Today, the white metal is trading close to Rs 2.16 lakh per kg, delivering returns of over 2,600 per cent to investors who stayed invested for the long term. This remarkable journey highlights how silver, often overshadowed by gold, has quietly emerged as a strong wealth-preservation asset over the past two and a half decades.An investment of just Rs 1,000 in silver in the year 2000 would now be worth about…