New Delhi, June 22 (IANS) Gold and silver prices traded higher on Monday amid a decline in crude oil prices and signs of progress in US-Iran peace talks.On the Multi Commodity Exchange (MCX), gold futures (August 5) rose Rs 615 or 0.42 per cent to trade at Rs 1,47,818 per 10 grams as of around 10:26 am.The yellow metal touched an intraday high of Rs 1,47,987, up 0.53 per cent or Rs 784 from the previous close and a low of Rs 1,45,110, down 1.42 per cent or Rs 2,093 during the session. It had set…
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New Delhi, May 30 (IANS) Gold prices dipped 1.36 per cent during the week as a stable dollar and stronger‑than‑expected US inflation data reinforced expectations that the US Federal Reserve may raise interest rates later this year.On Friday, MCX gold June futures dipped 0.59 per cent while MCX silver May futures lost 0.94 per cent. Currently, gold futures stand at Rs 1,56,000, while silver futures at Rs 2,67,000 per kg.The price of 10 grams of 24-carat gold was at Rs 1,56,463 on Friday down …
Mumbai, May 25 (IANS) Gold and silver prices traded higher on Monday, rising up to nearly 2 per cent, supported by a weaker US dollar and softer crude oil prices as investors assessed prospects of progress in US-Iran peace negotiations.On the Multi Commodity Exchange (MCX), gold futures (June 5) were trading 0.36 per cent or Rs 566 higher at Rs 1,59,245 at 10:48 am.The yellow metal touched an intraday high of Rs 1,59,500, up 0.51 per cent or Rs 821 from the previous close of Rs 1,58,679. It reco…
New Delhi, May 9 (IANS) Gold prices rose 1.83 per cent during the week over persistent geopolitical uncertainty and volatile crude prices.On Friday, MCX gold June futures gained 0.04 per cent while MCX silver May futures surged 1.34 per cent. Currently gold futures stand at Rs 1,52,589, while silver futures at Rs 2,61,999 per kg.The price of 10 grams of 24-carat gold was at Rs 1,51,078 on Friday up from Rs 1,48,357 seen on Monday market opening, according to data published by the India Bullion a…
New Delhi, April 11 (IANS) Gold prices rose 1.65 per cent during the week extending gains for their consecutive week, amid safe haven buying and weakened US dollar over easing inflation fears and the start of the US-Iran ceasefire negotiations.On Friday, MCX gold June futures added 0.02 per cent while MCX silver May futures inched up 0.01 per cent. Currently gold futures stand at Rs 1,52,690, while silver futures at Rs 2,43,300 per kg.The price of 10 grams of 24-carat gold was at Rs 1,50,327 on …
New Delhi, April 10 (IANS) Gold and silver prices witnessed a decline of around 1 per cent on Friday on the Multi Commodity Exchange (MCX), as investors booked profits amid easing safe-haven demand.MCX gold declined 0.56 per cent to hit an intra-day low of Rs 1,52,561 per 10 grams, while silver futures (May 5) plummeted 0.7 per cent by logging an intraday low of Rs 2,42,067 per kg against the previous close.The yellow metal touched an intraday high of Rs 1,52,990, a decrease of 0.28 per cent or …
New Delhi, March 28 (IANS) Gold prices gained 5.77 per cent during the week, amid sustained geopolitical tensions and pull back in crude oil prices.On Friday, MCX gold April futures added 0.15 per cent while MCX silver May futures declined 0.09 per cent. Currently, gold futures stand at Rs 1,44,500, while silver futures at Rs 2,27,750 per kg.The price of 10 grams of 24-carat gold was at Rs 1,42,942 on Friday, up from Rs 1,35,141 seen on Monday market opening, according to data published by the I…
New Delhi, March 21 (IANS) Gold prices dipped 5.89 per cent during the week, over successive sessions of profit booking and stronger dollar.On Friday, MCX gold April futures added 0.23 per cent while MCX silver May futures declined 1.72 per cent. Currently gold futures stand at Rs 1,44,825, while silver futures at Rs 2,27,470 per kg.The price of 10 grams of 24-carat gold was at Rs 1,47,218 on Friday, down from Rs 1,56,436 seen on Monday, according to data published by the India Bullion and Jewel…
New Delhi, March 13 (IANS) Gold and silver prices opened flat but dipped marginally on Friday, amid profit‑taking capped after recent record highs and strengthening of US dollar.MCX gold April futures lost 0.14 per cent to Rs 1,60,046 per 10 grams around 11.10 am on an intraday basis. Meanwhile, MCX silver May futures declined 0.19 per cent to Rs 2,67,448 per kg.However, the decline was capped by safe‑haven demand amid the ongoing US‑Iran war, and high crude prices kept underlying support …
New Delhi, Feb 28 (IANS) Gold and silver prices are expected to open sharply higher on Monday as escalating tensions between Israel and Iran push investors towards safe-haven assets, market experts said on Saturday.Experts believed that rising uncertainty following Israel’s “preventive” strikes on Iran could drive investors towards gold and silver, boosting prices further.Tehran was rocked by massive explosions on Saturday after Israel launched what it described as “preventive” missile…