Mumbai, Feb 2 (IANS) Gold and silver extended their decline on Monday, as hike in margin requirements are set to take effect on Chicago Merchantile Exchange (CME) in the US.MCX gold February futures fell 1.77 per cent to Rs 1,45,132 per 10 grams on an intra-day basis. Meanwhile MCX silver March futures dipped 6.88 per cent to Rs 2,47,386 per kg.Analysts said the free fall of gold and silver from their record highs started after the US President Donald Trump selected Kevin Warsh as the next US Fe…
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Mumbai, Jan 19 (IANS) Gold and silver prices climbed to fresh record highs on Monday as investors sought safe‑haven assets after US President Donald Trump threatened new tariffs on several European countries over a dispute tied to Greenland.MCX gold February futures rose 1.68 per cent to Rs 1,44,905 per 10 grams, while MCX silver March futures rose 4.39 per cent to Rs 3,00,400 per kg.Spot gold rose over 1.6 per cent to $4,700 an ounce, before consolidating near $4,670, testing lifetime highs a…
Mumbai, Jan 13 (IANS) Gold and silver prices eased on Tuesday amid profit booking, after they surged to record high levels over worries of the US Justice Department’s action against the Federal Reserve Chair.MCX gold February futures eased 0.44 per cent to Rs 1,41,400 per 10 grams around 1.15 pm, while MCX silver March futures traded flat with a negative bias down 0.01 per cent at Rs 2,68,926 per kg.The price of 10 grams of 24-carat gold was at Rs 1,40,482 down from Rs 1,40,499 of previous day’s…
Mumbai, Jan 12 (IANS) Gold and silver prices touched record highs on Monday as markets reacted to the US Justice Department’s escalation of tensions with the Federal Reserve and intensifying protests in Iran that heightened geopolitical risks.MCX gold February futures surged 1.46 per cent to Rs 1,40,838 per 10 grams, while MCX silver March futures rose 3.66 per cent to Rs 2,61,977 per kg.Spot gold price surged 1.45 per cent at $4,575.82 an ounce, after hitting a fresh record high of $4,601.17 le…
New Delhi, Jan 6 (IANS) The price of gold and silver continued to surge on Tuesday amid elevated geopolitical uncertainty, and expectations of global monetary easing.Threats from the US President Donald Trump to Colombia, Cuba, and Mexico alleging drug shipments boosted the safe haven demand of precious metals.MCX gold February futures surged 0.35 per cent to Rs 1,38,600 per 10 grams around 1:30 pm, while MCX silver March futures rose 1.49 per cent to Rs 2,49,820 per kg, nearing the record high …
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…
New Delhi, Dec 23 (IANS) The rates of gold and silver surged by over 1 per cent to hit fresh record highs on Tuesday, driven by safe-haven demand, notably due to escalating US-Venezuela tensions.MCX gold February futures rose 1.2 per cent to an all‑time high of Rs 1,38,381 per 10 grams and were up 1.01 per cent as of 10.48 am.MCX silver surged 1.7 per cent to a record high of Rs 2,16,596 per kilogram and was up 1.30 per cent as of 10.48 am. The dollar index had declined 0.20 per cent during th…
New Delhi, Dec 22 (IANS) Driven by reports on expected US Federal Reserve rate cuts in 2026 and strong safe haven demand among investors, spot gold went up to a record high of $4,383.73 per ounce on Monday.In 2025, gold has seen a meteoric rise, up around 67 per cent amid geopolitical uncertainties and tariffs.According to analysts, gold and silver prices advanced last week and began the new week by touching fresh lifetime highs in both domestic and international markets.The rally followed…