Mumbai, Jan 20 (IANS) Silver prices on COMEX exchange touched record high at $94.740 an ounce on Tuesday, as investors rushed to buy safe‑haven assets while US–Europe trade dispute intensified after President Donald Trump continued tariff rhetoric tied to Greenland.Gold prices also traded near record highs, as MCX gold February futures rose 1.27 per cent to Rs 1,47,490 per 10 grams. Meanwhile, MCX silver March futures rose 1.75 per cent to Rs 3,15,720 per kg.Spot gold price touched $4,671.54…
Latest Precious Metals News & Updates
New Delhi, Jan 6 (IANS) After an exceptional year in which gold prices surged and the Pakistan Stock Exchange delivered near-record returns, investors are now entering 2026 with growing uncertainty. With interest rates expected to ease, taxes rising on savings, property markets losing momentum and equities no longer cheap, the easy gains of the past three years appear to be behind.For many Pakistanis, the challenge ahead is not how to make quick money, but how to protect hard-earned wealth in a …
Mumbai, Jan 4 (IANS) Sharing his annual outlook for the new year, S Naren, Executive Director and Chief Investment Officer at ICICI Prudential Mutual Fund said 2025 turned out to be a “year of hibernation” for Indian markets, even though the country’s macroeconomic fundamentals remained strong. “India maintained low fiscal and current account deficits, controlled inflation and healthy economic growth,” Naren mentioned.Despite these positives, Indian equities failed to deliver strong re…
New Delhi, Jan 3 (IANS) As 2025 turned out to be historic for precious metals, with gold delivering returns of nearly 65 per cent and silver outperforming with gains of over 140 per cent, an expert said that the positive momentum likely to continue in 2026 as well. Speaking to IANS, Nainesh Pachchigar, Gujarat President of the India Bullion and Jewellers Association (IBJA), said gold and silver rewarded investors handsomely in 2025, and given prevailing global conditions, the positive momentum c…
Mumbai, Jan 3 (IANS) The Indian equity benchmarks closed on a strong note this week, touching fresh all-time highs amid strong performance in the banking and auto sectors.Nifty surged 1.05 per cent during the week and 0.70 per cent on the last trading day to 26,328. At close, Sensex was up 760 points or 0.67 per cent at 85,762. It surged 0.89 per cent during the week.Bank Nifty also continued its outperformance and scaled fresh record highs above the 60,200 mark.The Indian equities traded in a c…
Mumbai, Dec 29 (IANS) Silver prices in global markets retreated sharply after touching fresh intraday records of $84 per ounce in the spot market on Monday.The white metal slipped as much as 8 per cent from its peak due to strong profit booking, snapping what could have been a seventh consecutive day of gains.March silver futures on MCX was trading up 4.22 per cent intraday (as of 10.10 am), at Rs 2,49,282 per kilogram. Globally, the futures had surged to an intraday high of $82.67 an ounce in e…
Mumbai, Dec 25 (IANS) In a year marked by heightened global uncertainty, precious metals delivered exceptional returns for investors, with silver emerging as a surprise winner.Silver prices surged by more than 137 per cent — outperforming gold — which also posted a strong gain of around 68 per cent this year.With equity markets facing volatility, both metals strengthened their position as preferred safe investment options, but silver clearly outshone all traditional choices.Gold’s strong per…
New Delhi, Dec 22 (IANS) Gold prices surged to a fresh lifetime high in the national capital on Monday, tracking a sharp rally in global markets and strong safe-haven demand from investors. According to the All India Sarafa Association, gold rose by Rs 1,685 to hit a record Rs 1,38,200 per 10 grams in Delhi.Silver also witnessed a strong rally, climbing to an all-time high of Rs 2,14,500 per kilogram, inclusive of all taxes.The white metal jumped by Rs 10,400 per kg — reflecting strong buying i…