Mumbai, June 15 (IANS) Gold and silver prices traded higher on Monday, with precious metals gaining up to 3 per cent as a weaker US dollar and expectations around future US Federal Reserve policy decisions supported investor sentiment.The gains came even as geopolitical tensions eased after US President Donald Trump announced that Washington and Tehran had reached a peace agreement and that the deal is expected to be formally signed on June 19.On the Multi Commodity Exchange (MCX), gold futures …
Latest Multi Commodity Exchange News & Updates
Mumbai, June 12 (IANS) Gold and silver prices traded higher on Friday, with precious metals surging by up to 2 per cent amid hopes of a peace deal in the ongoing West Asia conflict.On the Multi Commodity Exchange (MCX), gold futures (August) increased as much as 1.11 per cent or Rs 1,668 to hit an intraday high of Rs 1,50,600 as of around 11:30 am.The yellow metal was trading at Rs 1,49,916, up 0.66 per cent or Rs 948. It touched an intraday low of Rs 1,49,569, a gain of 0.42 per cent or Rs 637 …
Mumbai, June 11 (IANS) Gold and silver prices traded lower on Thursday, with precious metals falling by up to 2 per cent amid escalating tensions in the West Asia conflict.On the Multi Commodity Exchange (MCX), gold futures (August) declined as much as 1 per cent or Rs 1,573 to hit an intraday low of Rs 1,46,444 as of around 12 pm.The yellow metal was trading at Rs 1,47,860, down 0.11 per cent or Rs 157. It touched an intraday high of Rs 1,48,089, up 0.04 per cent or Rs 72 from the previous clos…
New Delhi, June 10 (IANS) Gold and silver prices opened sharply lower on Wednesday over concerns of US Federal Reserve rate-hike fears.On the Multi Commodity Exchange (MCX), gold futures (August) dipped 1.51 per cent to Rs 1,50,140 per 10 grams at 12.15 pm on an intraday basis.On the other hand, silver futures (July) lost almost 1 per cent to Rs 2,36,239 per kg.The price of 10 grams of 24-carat gold was at Rs 1,48,429 on Wednesday, down from Rs 1,52,519 of the previous day’s market opening, acco…
Mumbai, June 8 (IANS) Gold and silver prices traded lower on Monday, with precious metals falling by nearly 4 per cent amid escalating tensions in the West Asia conflict, a volatile global macroeconomic environment and surging crude oil prices.On the Multi Commodity Exchange (MCX), gold futures (August contract) declined as much as 1.85 per cent or Rs 2,882 to hit an intraday low of Rs 1,52,712 at around 12:30 pm.The yellow metal was trading at Rs 1,53,550, down over 1 per cent or Rs 2,044. It t…
New Delhi, June 4 (IANS) Gold and silver traded higher in morning trade on Thursday, supported by a weaker dollar and geopolitical uncertainty in West Asia, as investors continued to track developments surrounding a possible diplomatic breakthrough between the US and Iran.On the Multi Commodity Exchange (MCX), gold futures for August delivery were trading 0.35 per cent or Rs 533 higher at Rs 1,59,052 per 10 grams as of 11:28 am.The yellow metal rose as much as 0.61 per cent or Rs 981 to touch an…
New Delhi, June 2 (IANS) Global crude oil prices traded lower on Tuesday after posting sharp gains in the previous session as markets continued to assess uncertainty surrounding US-Iran negotiations.International benchmark Brent crude was trading around 1 per cent lower at $94.04 per barrel. Similarly, US West Texas Intermediate (WTI) crude declined more than 1 per cent to $91.14 per barrel.In the domestic market, crude oil futures for June delivery were trading at Rs 8,708, down Rs 28 or 0.32 p…
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…
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…