Mumbai, July 8 (IANS) Gold and silver prices traded lower on Wednesday amid rising geopolitical tensions in the Middle East after the US military launched fresh strikes on Iran.On the Multi Commodity Exchange (MCX), gold futures for the August 5 contract opened at Rs 1,45,200 per 10 grams, down Rs 192 from the previous close of Rs 1,45,392.At around 10:35 am, the yellow metal was trading at Rs 1,45,000 per 10 grams, down Rs 392 or 0.27 per cent.During the session so far, MCX gold touched an intr…
Latest Multi Commodity Exchange News & Updates
Mumbai, July 7 (IANS) Gold and silver prices extended their losses for a second consecutive session on Tuesday, with both precious metals declining by up to 2 per cent amid weakness in global markets.On the Multi Commodity Exchange (MCX), gold futures (August 5) opened marginally lower at Rs 1,46,566 per 10 grams, down 0.23 per cent, or Rs 351, from the previous close of Rs 1,46,917.Selling pressure intensified later, with the yellow metal falling Rs 1,255, or 0.85 per cent, to Rs 1,45,662 at ar…
New Delhi, July 6 (IANS) Gold traded flat while silver slipped in early trade on Monday as softer crude oil prices reduced expectations of further interest rate hikes by the US Federal Reserve.On the Multi Commodity Exchange (MCX), gold futures (August 5) opened at Rs 1,47,135 per 10 grams, down Rs 243 or 0.16 per cent from the previous close of Rs 1,47,378.At around 11 am, the yellow metal was trading at Rs 1,47,177 per 10 grams, down Rs 200 or 0.14 per cent. It touched an intraday low of Rs 1,…
Mumbai, July 2 (IANS) Gold and silver traded mixed in Thursday morning’s session, with gold edging lower on profit booking and silver extending gains for a third straight session amid expectations that the US Federal Reserve may not rush to raise interest rates.On the Multi Commodity Exchange (MCX), gold futures (August) opened at Rs 1,43,882 per 10 grams, down Rs 548 or 0.37 per cent from the previous close of Rs 1,44,430.At around 10:40 am, the yellow metal was trading at Rs 1,43,797, down Rs …
New Delhi, June 30 (IANS) Gold and silver prices continued to face selling pressure on Tuesday as investors and traders remained cautious over developments in West Asia and the US interest rate outlook.On the Multi Commodity Exchange (MCX), gold futures (August) declined as much as 1.37 per cent or Rs 1,952, to hit an intraday low of Rs 1,40,450 per 10 grams at around 11:50 am.At the last count, the yellow metal was trading at Rs 1,41,124, down over Rs 1,278, or around 1 per cent. It touched an …
New Delhi, June 29 (IANS) Gold and silver prices traded lower on Monday, with the yellow metal slipping below the Rs 1.44 lakh mark and the white metal hovering near Rs 2.23 lakh amid weak global cues.On the Multi Commodity Exchange (MCX), gold futures (August) opened at Rs 1,44,180 per 10 grams, marginally higher than the previous close of Rs 1,44,162. However, selling pressure emerged later.At around 10 am, the yellow metal was trading at Rs 1,43,470, down Rs 692 or 0.48 per cent. So far in th…
New Delhi, June 27 (IANS) Gold prices dipped 4.63 per cent during the week, marking the fourth consecutive weekly decline amid a stronger dollar and persistent expectations of higher US interest rates.On the Multi Commodity Exchange (MCX), gold futures (August) gained 0.75 per cent on Friday, while silver futures (July) surged more than 1 per cent after US inflation data tempered immediate concerns about a Federal Reserve rate hike.Currently, gold futures stand at Rs 1,44,199 and silver futures …
Mumbai, June 26 (IANS) Indian stock exchanges — the National Stock Exchange (NSE) and the BSE — remained closed on Friday on account of Muharram, with trading suspended across all equity market segments, including equity derivatives, currency derivatives, securities lending and borrowing (SLB).Meanwhile, in the commodity segment, the Multi Commodity Exchange (MCX) remained closed during the morning session from 9 am to 5 pm.Trading on the commodity exchange will resume in the evening session f…
Mumbai, June 25 (IANS) Gold and silver showed volatility on Thursday, swinging between gains and losses amid expectations of further US Federal Reserve rate hikes and easing geopolitical tensions.On the Multi Commodity Exchange (MCX), gold futures (August) opened at Rs 1,40,672 per 10 grams, down Rs 598 or 0.42 per cent from the previous close of Rs 1,41,270.However, buying interest emerged later in the session, with the yellow metal rising Rs 719 or 0.50 per cent to touch an intraday high of Rs…
New Delhi, June 24 (IANS) Gold and silver prices traded almost 2 per cent lower on Wednesday amid concerns that higher global interest rates could weigh on demand for precious metals.On the Multi Commodity Exchange (MCX), gold futures (August) opened at Rs 1,45,000 per 10 grams, down Rs 1,528 or 1.04 per cent from the previous close of Rs 1,46,529.At around 12:10 pm, the yellow metal was trading at Rs 1,45,216, lower by Rs 1,313 or 0.9 per cent. During the session so far, it touched an intraday …