New Delhi, Feb 26 (IANS) Gold and silver prices eased on Thursday, amid profit booking by investors, although rise in geopolitical tensions and decline in US dollar capped the slide.MCX gold April futures lost 0.25 per cent to Rs 1,60,741 per 10 grams on an intra-day basis. Meanwhile, MCX silver March futures declined 1.16 per cent to Rs 2,65,200 per kg.In the previous session, the MCX April gold contract and March silver contract had gained 0.74 per cent and 3 per cent, respectively, prompting …
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New Delhi, Feb 25 (IANS) Gold and silver prices surged significantly on Wednesday, amid rise in global trade uncertainty, geopolitical tensions and decline in US dollar.MCX gold April futures gained 0.76 per cent to Rs 1,61,180 per 10 grams around 11.30 am on an intraday basis. Meanwhile MCX silver March futures gained 3.20 per cent to Rs 2,69,075 per kg.International gold prices including US futures also climbed as investors rushed for safe-haven buying amid persisting US-Iran tensions and unce…
Mumbai, Feb 24 (IANS) Gold and silver prices retreated on Tuesday, amid uptick in US dollar and profit‑taking after huge gains in previous session.Investors weighed in tariff uncertainty and ongoing US-Iran peace talks which capped the decline in prices.MCX gold April futures dipped 0.58 per cent to Rs 1,60,664 per 10 grams around 10.50 am on an intraday basis. Meanwhile MCX silver March futures declined 0.33 per cent to Rs 2,64,450 per kg.On Comex, gold futures for April delivery fell 1.1 per…
Mumbai, Feb 23 (IANS) Gold and silver prices surged significantly on Monday, amid growing geopolitical tensions and the US dollar’s steep fall.MCX gold April futures gained 1.83 per cent to Rs 1,59,749 per 10 grams on an intra-day basis. Meanwhile, MCX silver March futures gained 5.10 per cent to Rs 2,65,836 per kg.Earlier in the day, gold had jumped 2 per cent while silver soared 6 per cent. Analysts attributed the surge to geopolitical tensions as US President Donald Trump’s 10-day deadline fo…
Mumbai, Feb 21 (IANS) Gold prices surged 0.23 per cent during the week, amid renewed buying interest due to global macro-economic factors, safe haven demand and lack of directional cues from the US Federal Reserve.On Friday, MCX gold February futures surged 0.07 per cent while MCX silver March futures added 4.41 per cent. Currently gold futures stand at Rs 1,56,993, while silver futures at Rs 2,52,042 per kg.The price of 10 grams of 24-carat gold was at Rs 1,54,080 on Friday down from Rs 1,54,48…
Mumbai, Feb 19 (IANS) Gold and silver prices continued to rise for a second consecutive session on Thursday — amid rise in geopolitical tensions, cautiousness of the US Federal Reserve stand and withdrawal of additional margins on gold and silver futures in domestic market.The US Defence Department has sent additional weaponry to the Middle East such as warships, air defences and submarines, in preparation for a possible military strike on Iran if negotiations fail, according to multiple report…
Mumbai, Feb 18 (IANS) Gold and silver prices rose on Wednesday after two consecutive sessions of decline, amid renewed buying interest due to global macro-economic factors.Easing US-Iran tensions due to progress in negotiations and a firmer US dollar capped gains by weighing on safe-haven demand. Thin liquidity because of Lunar New Year holidays in several Asian markets also acted as headwinds on the rally, market participants said.MCX gold April futures gained 1.24 per cent to Rs 1,53,294 per 1…
New Delhi, Feb 17 (IANS) Gold and silver prices declined for a second consecutive session on Tuesday, as investors analysed mixed US economic data and waited for cues on the US Federal Reserve’s policy path.MCX gold April futures dipped 0.56 per cent to Rs 1,53,889 per 10 grams on an intra-day basis. Meanwhile, MCX silver March futures declined 1.18 per cent to Rs 2,37,064 per kg.Investors remain undecided on whether softer inflation readings will eventually translate into easier monetary poli…
New Delhi, Feb 16 (IANS) Gold and silver prices declined on Monday, as the US dollar strengthened tracking in-line US inflation data.MCX gold April futures dipped 0.56 per cent to Rs 1,55,023 per 10 grams around 12.30 am on an intra-day basis. Meanwhile MCX silver March futures declined 1.99 per cent to Rs 2,39,501 per kg.The dollar index surged 0.10 per cent to 97, tracking the moderation in US CPI (consumer price index) in January. The index earlier received support from strong jobs data that …
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…