Mumbai, Jan 20 (IANS) Gold and silver prices surged to fresh record highs on the Multi Commodity Exchange (MCX) on Tuesday as investors rushed towards safe-haven assets amid rising global trade and geopolitical tensions.February gold futures opened higher at Rs 1,45,775 per 10 grams, compared to the previous close of Rs 1,45,639.During the session, prices climbed sharply to touch a historic high of Rs 1,52,500 per 10 grams, gaining Rs 6,861 in a single day.With this, gold crossed the Rs 1.50 lak…
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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…
Mumbai, Jan 19 (IANS) Silver prices surged to a fresh lifetime high on the Multi Commodity Exchange (MCX) on Monday, with the precious white metal touching the Rs 3 lakh per kg mark during the intra-day session.The rally was driven by strong safe-haven demand amid rising global uncertainties. The rally in silver came alongside fresh record highs in gold.The silver futures contract on MCX for March 2026 expiry opened with a strong upside gap at Rs 2,93,100 per kg and quickly extended gains to hit…
Mumbai, Jan 18 (IANS) Silver prices have continued their remarkable rally, rising another 22 per cent in January so far, strengthening investor interest and keeping the white metal firmly in focus. The sharp surge has helped silver emerge as the top performer among major asset classes, supported by strong demand and multiple positive global factors.After an extraordinary 170 per cent rise earlier, MCX silver prices have maintained strong momentum this month.From the April close of Rs 95,917, sil…
New Delhi, Jan 16 (IANS) As global markets enter a reflationary phase, India is poised to benefit as the country is projected to contribute over 15 per cent of global incremental GDP growth between 2025 and 2030, a report showed on Friday.The report from Equirus Wealth said that India has room for growth as global investors reassess concentrated exposure to the US AI trade and seek diversification across Asia.It highlighted that foreign institutional investor (FII) outflows of nearly $18 billion…
Mumbai, Jan 11 (IANS) After a sharp 170 per cent rally in MCX silver prices last year, domestic brokerage firm Motilal Oswal believes the white metal still has enough strength to continue its record-breaking run in 2026. Silver emerged as the best-performing precious metal in 2025, beating not just gold but also most major asset classes.In its latest report, Motilal Oswal said the strong rise in silver and gold prices was driven by a mix of global factors such as rising geopolitical tensions, tr…
New Delhi, Jan 9 (IANS) Commodities emerged as the best-performing asset class in India in 2025, outperforming equities, bonds and most traditional assets, a report showed on Friday.The report by Motilal Oswal Financial Services Ltd underscores that precious metals — particularly silver and gold — were the primary drivers of performance, supported by policy uncertainty, currency volatility, strong institutional participation, and persistent supply constraints.Domestic silver prices surged by…
New Delhi, Jan 5 (IANS) Gold and silver prices started the week on a strong note on Monday as rising global tensions pushed investors towards safe-haven assets.Precious metals witnessed sharp gains after a US military operation in Venezuela over the weekend added fresh uncertainty to the global geopolitical landscape.On the Multi Commodity Exchange (MCX), February gold futures opened higher at Rs 1,36,300 per 10 grams, compared to the previous close of Rs 1,36,761.Prices continued to climb durin…
New Delhi, Jan 5 (IANS) The price of precious metals including gold and silver opened sharply higher on Monday boosted by safe haven demand due to the United States capturing Venezuelan President Nicolas Maduro over the weekend.MCX gold February futures were 1.47 per cent up at Rs 1,37,750 per 10 grams around 1:30 p.m., while MCX silver March futures rose 2.92 per cent to Rs 2,43,223 per kg, though both remain below December 2025 record highs of Rs 1,40,465 per 10 grams and Rs 2,54,174 per kg.MC…
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…