Mumbai, Feb 14 (IANS) Gold prices fell almost 1.82 per cent during the week, as investors remain cautious amid huge volatility with the dollar showing occasional bouts of strength.Meanwhile on Friday, MCX gold February futures surged 0.20 per cent while MCX silver March futures added 3.62 per cent. Currently gold futures stand at Rs 1,56,200, while silver futures at Rs 2,44,999 per kg.The price of 10 grams of 24-carat gold was at Rs 1,52,765 on Friday down from Rs 1,55,593 seen on Monday, accord…
Latest India Bullion and Jewellers Association News & Updates
Mumbai, Jan 31 (IANS) Gold and silver prices saw a meltdown this week, amid dollar strengthening and aggressive profit booking from investors after an unprecedented rally in metal.MCX gold February futures dipped 9 per cent while MCX silver March futures slid down 25 per cent on Friday. Currently gold futures stand at Rs 1,49,075, while silver futures at Rs 2,91,922 per kg.The price of 10 gram 24-carat gold was at Rs 1,65,795 down from Rs 1,75,340 of previous day’s close, according to data publi…
Mumbai, Jan 13 (IANS) Gold and silver prices eased on Tuesday amid profit booking, after they surged to record high levels over worries of the US Justice Department’s action against the Federal Reserve Chair.MCX gold February futures eased 0.44 per cent to Rs 1,41,400 per 10 grams around 1.15 pm, while MCX silver March futures traded flat with a negative bias down 0.01 per cent at Rs 2,68,926 per kg.The price of 10 grams of 24-carat gold was at Rs 1,40,482 down from Rs 1,40,499 of previous day’s…
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…
New Delhi, Jan 6 (IANS) The price of gold and silver continued to surge on Tuesday amid elevated geopolitical uncertainty, and expectations of global monetary easing.Threats from the US President Donald Trump to Colombia, Cuba, and Mexico alleging drug shipments boosted the safe haven demand of precious metals.MCX gold February futures surged 0.35 per cent to Rs 1,38,600 per 10 grams around 1:30 pm, while MCX silver March futures rose 1.49 per cent to Rs 2,49,820 per kg, nearing the record high …
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 1 (IANS) Industry leaders on Thursday said they believe that India’s economic position will strengthen further in 2026, with exports expected to gain momentum due to free trade agreements signed with key countries. Speaking to IANS, they said policy stability and expanding global trade ties will help drive growth in the coming year.They also said that free trade agreements signed with countries such as Oman, New Zealand and the UK in recent months are expected to give a strong b…
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…