New Delhi, March 4 (IANS) Gold and silver prices climbed over 1 per cent on Wednesday amid escalating conflict between the US‑Israeli combine and Iran, driving safe haven demand.MCX gold April futures gained 1.04 per cent to Rs 1,62,790 per 10 grams around 11.30 am on an intraday basis. Meanwhile MCX silver May futures gained 1.84 per cent to Rs 2,70,200 per kg.Increased tensions in the Middle East and chances of energy disruption pushed investors toward safe‑haven assets and while concerns …
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New Delhi, March 3 (IANS) Gold prices climbed for a fifth straight session in the global markets on Tuesday amid escalating conflict in the Middle East and a spike in energy prices.MCX gold April futures gained 2.53 per cent to Rs 1,66,199 per 10 grams on Monday, while MCX silver May futures eased 0.90 per cent to Rs 2,80,090 per kg.India’s Multi Commodity Exchange will remain closed for the first half of trading on Tuesday for Holi, with evening trading resuming at 5 pm.Tensions in West Asia …
Mumbai, Feb 21 (IANS) Gold prices surged 0.23 per cent during the week, amid renewed buying interest due to global macro-economic factors, safe haven demand and lack of directional cues from the US Federal Reserve.On Friday, MCX gold February futures surged 0.07 per cent while MCX silver March futures added 4.41 per cent. Currently gold futures stand at Rs 1,56,993, while silver futures at Rs 2,52,042 per kg.The price of 10 grams of 24-carat gold was at Rs 1,54,080 on Friday down from Rs 1,54,48…
New Delhi, Feb 17 (IANS) Gold and silver prices declined for a second consecutive session on Tuesday, as investors analysed mixed US economic data and waited for cues on the US Federal Reserve’s policy path.MCX gold April futures dipped 0.56 per cent to Rs 1,53,889 per 10 grams on an intra-day basis. Meanwhile, MCX silver March futures declined 1.18 per cent to Rs 2,37,064 per kg.Investors remain undecided on whether softer inflation readings will eventually translate into easier monetary poli…
Mumbai, Feb 15 (IANS) After a sharp fall in benchmark indices, investors will closely track global and domestic cues next week, including the US Federal Reserve minutes, RBI policy signals, IT sector trends, bullion prices and foreign investor activity, which are likely to decide the direction of the Indian stock market.Indian stock markets ended sharply lower on Friday, (February 13), weighed down by weak global cues and rising worries over artificial intelligence and its possible impact on the…
Mumbai, Feb 14 (IANS) Indian equity benchmarks lost nearly 1 per cent during the week, weighed down by weak global cues and sharp declines in IT index, tracking Wall Street losses due to AI-related fears.Nifty lost 0.87 per cent during the week and dipped 1.30 per cent on the last trading day to 25,471. At Friday’s close, the Sensex was down 1,048 points or 1.25 per cent at 82,626. It declined 1.14 per cent during the week.Sectoral performance remained firmly negative, with all major indices e…
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) World’s largest cryptocurrency Bitcoin extended losses on Friday, falling over 6 per cent to about $66,198 as risk aversion, heavy liquidations, weakness in technology stocks, and fears of tighter US monetary policy rattled investors.Bitcoin saw its sharpest single‑day decline since late 2024 on Thursday when it slid 12.6 per cent to roughly $63,300, its lowest level since October 2024, wiping out billions of asset value in dollar terms, multiple reports said.Analysts sa…
Mumbai, Jan 30 (IANS) Gold and silver prices fell on Friday, after hitting record highs in the previous session as investors booked profits and the US dollar gained strength.MCX gold February futures fell 1.03 per cent to Rs 1,67,656 per 10 grams around 10 am on an intraday basis. Meanwhile, MCX silver March futures dipped 3.42 per cent to Rs 3,86,200 per kg.The silver prices had touched Rs 4,20,048 per kg on MCX in the previous session and later fell over 6 per cent to Rs 3,75,900 before it ret…
Mumbai, Jan 30 (IANS) The Indian equity markets traded lower early on Friday as the metal stocks plummeted under pressure.As of 9.30 am, Sensex eased 525 points, or 0.64 per cent, to reach 82,040, and Nifty lost 159 points, or 0.63 per cent, to settle at 25,259.Main broad-cap indices posted higher losses than the benchmark indices, as the Nifty Midcap 100 declined 0.81 per cent, and the Nifty Smallcap 100 lost 1.19 per cent.All sectoral indices were trading in the red except FMCG, pharma and con…