Mumbai, July 27 (IANS) Gold and silver prices traded higher on Monday, with precious metals surging up to 1 per cent supported by a weaker US dollar and easing inflation concerns after crude oil prices plunged following the suspension of hostilities between the United States and Iran.On the Multi Commodity Exchange (MCX), gold futures (August) opened at Rs 1,43,575 per 10 grams, compared with the previous close of Rs 1,43,106.At around 12:10 pm, gold was trading at Rs 1,44,173 per 10 grams, up R…
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Mumbai, July 25 (IANS) Gold prices surged 1.31 per cent on a weekly basis as escalating conflict between the US and Iran, along with a surge in crude oil prices, prompted a flight to safe-haven assets.On Friday, MCX gold August futures gained 0.17 per cent while MCX silver September futures advanced 1.33 per cent. Gold futures settled at Rs 1,43,066, while silver futures at Rs 2,22,301 per kg on the commodity exchange.The price of 10 grams of 24-carat gold was at Rs 1,43,781 on Friday from Rs 1,…
Mumbai, July 21 (IANS) Gold and silver prices traded higher on Tuesday, tracking gains in global bullion markets as easing crude oil prices and persistent geopolitical tensions in the Middle East boosted demand for safe-haven assets.On the Multi Commodity Exchange (MCX), gold futures for August delivery climbed as much as 1.03 per cent or Rs 1,460 to touch an intraday high of Rs 1,42,848 per 10 grams at around 11:20 am. Meanwhile, silver futures for September delivery rose 1.54 per cent or Rs 3,…
New Delhi, July 20 (IANS) Gold and silver prices traded higher on Monday, supported by value buying after the US dollar eased slightly, although elevated crude oil prices kept investors cautious amid expectations of another US Federal Reserve rate hike.On the Multi Commodity Exchange (MCX), gold futures for August delivery rose as much as 0.52 per cent or Rs 743 to hit an intraday high of Rs 1,41,649 per 10 grams at 11:45 am.At the last count, the yellow metal was trading at Rs 1,41,254, up Rs 3…
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…
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…