New Delhi, June 6 (IANS) Gold prices dipped 0.87 per cent during the week as a stronger‑than‑expected US jobs report reinforced expectations that the Federal Reserve could keep interest rates higher for longer.On Friday, MCX gold August futures dipped 2.47 per cent while MCX silver July futures lost 6.27 per cent. Currently, gold futures stand at Rs 1,55,600, while silver futures at Rs 2,48,201 per kg.The price of 10 grams of 24-carat gold was at Rs 1,54,238 on Friday, down from Rs 1,55,599 …
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New Delhi, May 28 (IANS) Gold and silver traded lower in international markets on Thursday as a stronger US dollar and renewed geopolitical tensions following fresh US military action against Iran weighed on sentiment and heightened concerns that inflation could remain elevated for longer.Spot gold slipped nearly 2 per cent to $4,368.99 per ounce, while COMEX gold was trading 1.80 per cent lower to $4,367.90 per ounce.On the other hand, silver prices also came under pressure, with spot silver de…
Mumbai, May 26 (IANS) Gold and silver prices traded lower on Tuesday, declining up to nearly 2 per cent after the US military launched fresh strikes on southern Iran.On the Multi Commodity Exchange (MCX), gold futures (June 5) were trading 0.61 per cent or Rs 971 lower at Rs 1,58,110 at around 10:25 am.The yellow metal touched an intraday low of Rs 1,58,000, down 0.67 per cent or over Rs 1,000 from the previous close of Rs 1,59,081. It also recorded an intraday high of Rs 1,58,789, down 0.18 per…
New Delhi, May 23 (IANS) Gold prices rose 0.19 per cent during the week over persistent geopolitical uncertainty and sharp movements in crude prices.On Friday, MCX gold June futures dipped 0.06 per cent while MCX silver May futures lost 0.09 per cent.Currently, gold futures stood at Rs 1,58,588, while silver futures stood at Rs 2,71,600 per kg on the Multi Commodity Exchange (MCX).The price of 10 grams of 24-carat gold was at Rs 1,58,117 on Friday, up from Rs 1,57,821 seen on Monday market openi…
Mumbai, May 21 (IANS) Gold and silver prices traded lower on Thursday, while investors closely monitored safe-haven demand and ongoing geopolitical uncertainties.On the Multi Commodity Exchange (MCX), gold futures (June 5) fell as much as 0.42 per cent or Rs 687 to hit an intraday low of Rs 1,59,319 at around 12 pm.The yellow metal was trading at Rs 1,59,400, down 0.38 per cent or Rs 606. It touched an intraday high of Rs 1,59,992.Silver futures (July 3) declined 1.4 per cent or Rs 3,864 to Rs 2…
Mumbai, May 20 (IANS) Gold and silver prices declined sharply on Wednesday, with both precious metals falling over 1 per cent amid rising concerns over higher US interest rates.On the Multi Commodity Exchange (MCX), gold futures (June 5) declined as much as 0.7 per cent or Rs 1,121 to hit an intraday low of Rs 1,57,959 as of 11:17 am. The yellow metal was trading at Rs 1,58,369, down 0.45 per cent or Rs 711. It touched an intraday high of Rs 1,60,378, rising 0.81 per cent or Rs 1,298, according …
New Delhi, May 18 (IANS) Global crude oil prices extended gains on Monday as escalating tensions between the US and Iran fuelled concerns over supply disruptions after a nuclear facility in the United Arab Emirates was attacked.International oil benchmark Brent crude rose as much as 2.37 per cent or $2.60 to $111.86 per barrel.Meanwhile, US West Texas Intermediate (WTI) crude advanced 3.11 per cent, or $3.28, to $108.70 per barrel.In the domestic markets, crude oil futures (June 18) on Multi Com…
Mumbai, May 16 (IANS) Gold and silver prices jumped by nearly 4 per cent this week amid persistent geopolitical uncertainty and volatile crude oil prices.On the Multi Commodity Exchange (MCX), gold futures (June 5) settled 3.94 per cent or Rs 6,017 higher at Rs 1,58,547 on Friday.Similarly, silver futures (July 3) ended 3.8 per cent or Rs 9,964 higher at Rs 2,71,886 on the commodity exchange.During the week, the yellow metal surged as much as 7.84 per cent or Rs 11,967 to touch an intraday high …
New Delhi, May 15 (IANS) Gold and silver prices traded sharply lower on Friday, with both precious metals declining in domestic trade by up to 4 per cent amid strength in the dollar index.On the Multi Commodity Exchange (MCX), gold futures for June 5 fell as much as 1.52 per cent or Rs 2,478 to touch an intraday low of Rs 1,59,500 as of 10:45 am.Meanwhile, silver futures for July 3 came under heavier pressure, plunging 4.12 per cent or Rs 12,000 to Rs 2,79,102.At the last count, the yellow metal…
Mumbai, May 8 (IANS) Gold and silver prices traded higher on Friday amid renewed geopolitical tensions between the US and Iran, with precious metals surging up to 1 per cent.On the Multi Commodity Exchange (MCX), gold futures (June 5) opened at Rs 1,52,672 per 10 grams, up Rs 411 from the previous close of Rs 1,52,261.At around 12:20 pm, the yellow metal was trading Rs 592 or 0.38 per cent higher at Rs 1,52,853 per 10 grams. During the session so far, it touched an intraday high of Rs 1,53,103, …