New Delhi, March 17 (IANS) Gold and silver prices rose on Tuesday ahead of the US Federal Reserve’s policy meeting, with both precious metals gaining in early trade amid cautious investor sentiment.On the Multi Commodity Exchange (MCX), gold futures (April 2) were trading at Rs 1,57,145 per 10 grams at around 10 am — up Rs 1,409 or around 1 per cent. During the session so far, gold touched an intraday low of Rs 1,56,649, indicating a firm but range-bound trend.Meanwhile, silver contracts for …
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Mumbai, March 12 (IANS) Gold prices in India traded slightly lower on Thursday, even as silver prices recovered from early losses and moved higher due to strong buying at lower levels.On the Multi Commodity Exchange (MCX), gold for April futures was trading at Rs 1,61,665 per 10 grams, down by Rs 124 or 0.08 percent.The precious metal had opened higher at Rs 1,62,799 per 10 grams compared with its previous close of Rs 1,61,789, but later pared its gains amid weak global cues.Experts said that st…
New Delhi, March 11 (IANS) Gold and silver prices eased on Wednesday as investors booked profits, though a softer US dollar and lingering geopolitical uncertainty capped the decline.MCX gold April futures lost 0.52 per cent to Rs 1,62,452 per 10 grams around 11.15 am on an intraday basis. Meanwhile, MCX silver May futures declined 1.69 per cent to Rs 2,73,150 per kg.The profit booking followed the MCX gold April futures contract rising almost 2 per cent and the silver May futures surging 4 per c…
New Delhi, March 10 (IANS) Gold and silver prices posted strong gains on Tuesday as the US dollar softened, and energy prices fell on signals from President Donald Trump that the conflict in the Middle East could be nearing an end.MCX gold April futures gained 1.15 per cent to Rs 1,62,150 per 10 grams around 12.15 pm on an intraday basis. Meanwhile MCX silver May futures gained 3.68 per cent to Rs 2,77,000 per kg.In international markets, spot silver climbed toward $82.50 per ounce, while spot g…
Mumbai, March 9 (IANS) Gold and silver prices eased on Monday amid a firmer US dollar and higher inflation expectations, trimming hopes of US Fed rate cuts in the near term.MCX gold April futures lost 0.16 per cent to Rs 1,61,380 per 10 grams around 11.10 am on an intraday basis. Meanwhile, MCX silver May futures declined 1.30 per cent to Rs 2,64,799 per kg.Earlier in the day, gold futures had dipped 1.1 per cent, while silver futures had declined 1.4 per cent, before a strong rebound by preciou…
Mumbai, March 7 (IANS) Precious metals – gold and silver – maintained their bullish momentum this week, as escalating geopolitical tensions in the Middle East spurred safe-haven buying and heightened volatility across the broader commodities basket.Despite intermittent intra-day pullbacks and profit-taking, the trend structure for precious metals remains decisively bullish.Gold futures (April 2) on MCX extended their upward trajectory, breaking the Rs 1,65,000 resistance and trading at Rs 1,…
New Delhi, March 6 (IANS) Gold and silver prices went up on Friday after a mild dip in the previous session, driven by conflict in the Middle East and a softer dollar.MCX gold April futures gained 0.64 per cent to Rs 1,60,700 per 10 grams on an intra-day basis. Meanwhile MCX silver May futures gained 1.87 per cent to Rs 2,67,100 per kg.Earlier in the day, silver prices on MCX had jumped 2.6 per cent while gold advanced over 1 per cent followed by profit booking.As investors wait for cues from th…
New Delhi, March 5 (IANS) Gold and silver prices surged significantly on Thursday amid escalating conflict in the Middle East, pushing investors toward safe‑haven assets.MCX gold April futures gained 0.31 per cent to Rs 1,62,018 per 10 grams on an intra-day basis. Meanwhile MCX silver May futures gained 1.50 per cent to Rs 2,69,551 per kg.Earlier in the day silver prices on MCX had jumped 3.3 per cent while gold advanced over 1 per cent but later dipped over mild profit booking.Spot silver jum…
New Delhi, March 4 (IANS) Gold and silver prices climbed over 1 per cent on Wednesday amid escalating conflict between the US‑Israeli combine and Iran, driving safe haven demand.MCX gold April futures gained 1.04 per cent to Rs 1,62,790 per 10 grams around 11.30 am on an intraday basis. Meanwhile MCX silver May futures gained 1.84 per cent to Rs 2,70,200 per kg.Increased tensions in the Middle East and chances of energy disruption pushed investors toward safe‑haven assets and while concerns …
New Delhi, March 2 (IANS) Gold and silver prices jumped over 3 per cent on Monday, after the US-Iran war intensified amid Israeli strikes on Iran and the US bases in the Gulf, reinforcing safe-haven demand.MCX gold April futures gained 3.12 per cent to Rs 1,67,155 per 10 grams on an intra-day basis. Meanwhile, MCX silver March futures gained 3.04 per cent to Rs 2,91,249 per kg.Israeli strikes on Tehran targeting command centres and air defences were met with retaliatory missile attacks on Israel…