New Delhi, July 6 (IANS) Gold and silver have retreated sharply from their record highs in recent months, but the ongoing correction remains less severe than several historical bear markets in precious metals, according to the July 2026 edition of DSP Netra.The report analysed every major drawdown in gold and silver prices since the 1970s, comparing the magnitude of each correction, the time taken to reach a durable bottom and the period required to reclaim previous record highs.According to the…
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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,…
New Delhi, July 2 (IANS) Taxation changes, customs duty hikes and global geopolitical tensions will be the defining factors of bullion prices in H2 2026, as prices are expected to remain volatile with possible consolidation after recent corrections, a report said on Thursday.Jewellery demand is expected to remain subdued, though the festive season could revive sales, particularly in lightweight categories, the report from All India Gem & Jewellery Domestic Council (GJC) said.The industry awa…
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 …
Mumbai, June 23 (IANS) Gold and silver prices witnessed weakness and declined up to 3 per cent on Tuesday as rising expectations of further US Federal Reserve rate hikes weighed on investor sentiment globally.On the Multi Commodity Exchange (MCX), gold futures (August) opened at Rs 1,46,776 per 10 grams, down Rs 1,412 or 0.95 per cent from the previous close of Rs 1,48,188.At around 12 pm, the yellow metal was trading at Rs 1,46,379, lower by Rs 1,739 or 1.17 per cent. During the session so far,…
New Delhi, June 19 (IANS) The Securities and Exchange Board of India (SEBI) on Friday announced a revised trading framework for gold and silver exchange‑traded funds effective September 1, to tighten price discovery, boost transparency and investor protection.The new framework aims to ensure that ETF prices stay closer to the value of the assets they track and better align domestic commodity ETF pricing with global markets, the regulator said.Under the new rules, commodity ETFs such as gold an…
New Delhi, June 13 (IANS) Inflation in Telangana continues to be the highest among all states since January 2026 and now is at 6.15 per cent in May, which may be due to higher taxes on fuel, rise in rural wages and reliance on imported fresh produces, according to an SBI Research report.State-level consumer inflation statistics highlight a broad regional disparity across the country.Out of the 36 states/UTs, there are 12-14 states/UTs where inflation is higher than all India level. Inflation in …
New Delhi, May 30 (IANS) Due to India’s macroeconomic resilience, a neutral stance on Indian equities is warranted, with a relative ‘overweight’ stance on mid and small caps, a report has said.The report from Motilal Oswal Private Wealth recommended a portfolio allocation of roughly 50 per cent hybrid or large caps, 40 per cent small and mid-caps (SMIDs) and 10 per cent global exposure.The firm recommended lump-sum deployment in hybrid strategies and a staggered approach for pure equity-orient…
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…
New Delhi, May 28 (IANS) Asian markets traded lower on Thursday as renewed geopolitical tensions following fresh US military action against Iran weighed on investor sentiment, while oil prices rebounded 4 per cent after sharp losses in the previous session.In the equity markets, Japan’s Nikkei 225 declined over 1 per cent to 63,905, while South Korea’s KOSPI declined nearly 5 per cent to 7,841.01.Hong Kong’s Hang Seng index dropped 2.37 per cent or 600 points to 24,727, while China’s Sha…