New Delhi, Feb 10 (IANS) Gold and silver prices dipped moderately on Tuesday due to a stronger dollar and profit booking, even as geopolitical uncertainties extended medium-term support to precious metals.MCX gold February futures dipped 0.33 per cent to Rs 1,57,550 per 10 grams on an intra-day basis. Meanwhile, MCX silver March futures declined 1.92 per cent to Rs 2,57,567 per kg.Earlier, silver prices dipped over 2 per cent to its day’s low of Rs 2,57,100 per kg and gold prices dipped 1.3 per …
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Mumbai, Feb 9 (IANS) Gold and silver prices surged sharply on Monday due to a weaker US dollar and persistent geopolitical uncertainties.MCX gold February futures jumped 1.31 per cent to Rs 1,57,484 per 10 grams around 10.45 am on an intraday basis. Meanwhile MCX silver March futures climbed 4.81 per cent to Rs 2,61,900 per kg.On the MCX, silver prices, earlier in the day, had jumped as much as 6 per cent to its day’s high of Rs 2,64,885 per kg before a round of profit booking.The US dollar touc…
Mumbai, Feb 6 (IANS) Gold prices fell moderately, while silver lost over 3 per cent on Friday due to a stronger dollar and a rout in global technology stocks.MCX gold February futures fell 0.97 per cent to Rs 1,50,590 per 10 grams around 10.40 am on an intraday basis. Meanwhile, MCX silver March futures plunged 3.71 per cent to Rs 2,34,775 per kg.On the MCX, silver prices had declined as much as 6 per cent to their day’s low of Rs 2,29,187 per kg earlier during the session before a strong reboun…
Mumbai, Feb 1 (IANS) The Bombay Stock Exchange (BSE) on Sunday clarified that the temporarily revised reference price used to calculate intraday price bands for gold and silver exchange‑traded funds is applicable only for today’s trading session.The stock exchange said that the move applies only to the current trading session after it enforced a 20 per cent circuit limit on the gold and silver exchange‑traded funds.”In continuation with the previous circular trading members kindly note the…
Mumbai, Feb 1 (IANS) Gold and silver prices continued their sharp decline on Sunday, as investors booked profits post an unprecedented rally over the past year.MCX gold February futures fell 7.12 per cent to Rs 1,39,000 per 10 grams around 10 am on an intraday basis. Meanwhile, MCX silver March futures dipped 9 per cent to Rs 2,65,652 per kg.CME Group raised margin requirements on Comex gold and silver futures after the metal prices saw steep declines, which raised investor caution.Further, the …
New Delhi, Jan 29 (IANS) Investors should consider booking profits on silver and rebalance into diversified Indian equity funds or blue‑chip stocks, a report said on Thursday.The report from WhiteOak Capital Mutual Fund said that investors should trim precious metals allocation back to a safe‑haven allocation level and stop chasing further upside.”Book profits on silver, as its current valuation is the most over-extended relative to historical periods. Trim precious metals back to a safe hav…
New Delhi, Jan 26 (IANS) In a dramatic rally, the gold prices have surpassed $5,000 an ounce, hitting another record high amid heightened global uncertainties.The safe-haven metal reached $5,026 an ounce in trading, as silver reached $102 an ounce for the first time. In January 2024, Gold stood at just above $2,000 an ounce.Precious metals continue to trade in a structurally strong bull market as we move deeper into 2026, with momentum firmly intact despite intermittent corrections and elevated …
Mumbai, Jan 23 (IANS) Indian equities are currently trading near multi-cycle relative lows compared with gold and silver and historically, such valuation divergences between financial and real assets have coincided with phases where diversification beyond pure equity exposure has helped investors preserve capital and manage volatility more efficiently, a report showed on Friday.Importantly, this does not signal a structural shift away from equities, but rather highlights the importance of balanc…
New Delhi, Jan 23 (IANS) Silver’s exceptional rally of over 200 per cent in the last 12 months sharply outperforming gold’s 80 per cent surge has created a condition in favour of yellow metal in the near term, a new report has said.The report from Motilal Oswal Financial Services Ltd. (MOFSL) said that the current gold–silver ratio favours the yellow metal after silver’s outsized run.The sharp outperformance of silver over has led to a “significant compression in the gold–silver ratio,…
New Delhi, Jan 22 (IANS) Gold futures on the MCX dipped close to 1 per cent on Thursday from record high in the previous session due to profit booking, amid easing geopolitical tensions and strengthening of dollar.Fears of a US‑EU trade conflict moderated after US President Donald Trump softened his tone on acquisition of Greenland.MCX gold February futures dipped 0.78 per cent to Rs 1,51,665 per 10 grams. Meanwhile MCX silver March futures dipped 0.62 per cent to Rs 3,16,509 per kg.Gold rates…