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….
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New Delhi, Dec 29 (IANS) Tesla and SpaceX CEO Elon Musk has warned that the runaway silver rally is worrying because of its need in many “industrial processes”.“This is not good. Silver is needed in many industrial processes,” Musk, recently posted on social media platform X.Reactions on social media ranged from alarm to caution, with users saying Musk’s concern signalled the rally’s excesses.“I tried to warn you all. You know it is bad when Elon musk is worried about silver price soar…