Mumbai, Jan 8 (IANS) Hindustan Zinc shares came under heavy selling pressure on Thursday, as the stock fell more than 6 per cent to Rs 588.35 on the NSE.This marked its steepest single-day fall in the last six months. The sharp decline was largely driven by a sudden correction in silver prices, which dampened investor sentiment across the metal sector after a strong rally last year.The sell-off was not limited to one stock, as the entire metal pack traded in the red during the session.The Nifty …
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New Delhi, Jan 3 (IANS) Gold and silver entered 2026 with elevated volatility after an exceptional 2025 rally, analysts said on Saturday, adding that the fundamental outlook for precious metals remains constructive.Gold futures with February expiry eased moderately down 0.04 per cent, settling at Rs 1,35,752 on MCX on Friday. The price of 10 grams of 24-carat gold closed the week at Rs 1,34,782 up from Rs 1,33,195 at the year end, according to data published by the India Bullion and Jewellers As…
Mumbai, Dec 28 (IANS) The Indian stock market ended the week on a weak note, and investors are now looking at key domestic and global cues that are likely to drive market direction in the coming days. Industrial output data, minutes of the US Federal Reserve meeting, currency movement and foreign investor activity will remain in focus this week.On Friday, Indian equities closed in the red as investors continued to book profits in the absence of fresh triggers.Mixed global signals and cautious se…
New Delhi, Dec 27 (IANS) Silver has delivered exceptional returns of 158 per cent year‑to‑date (YTD) in 2025, with domestic spot rates rising nearly Rs 1,45,000 per kg or around 170 per cent this year.Strong industrial demand, tight supply, robust ETF inflows and US Federal Reserve rate cuts and hopes of additional cuts could even take silver to $100 per ounce, analysts said.Industry experts said that key demand drivers for silver include industrial use in electric vehicles, solar, semicondu…
New Delhi, Dec 26 (IANS) The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign Gold Bond (SGB) 2017-18 Series-XIII (SGBs) due on Friday.SGB 2017-18 Series-XIII issued on December 26, 2017 can be prematurely redeemed at Rs 13,563 per gram. SGBs have an eight-year maturity, but investors can opt for premature redemption from the fifth year onwards.This SGB was issued at Rs 2,866 per gram without discount and investors achieved 381.6 per cent absolute simple ret…
Mumbai, Dec 25 (IANS) In a year marked by heightened global uncertainty, precious metals delivered exceptional returns for investors, with silver emerging as a surprise winner.Silver prices surged by more than 137 per cent — outperforming gold — which also posted a strong gain of around 68 per cent this year.With equity markets facing volatility, both metals strengthened their position as preferred safe investment options, but silver clearly outshone all traditional choices.Gold’s strong per…
New Delhi, Dec 22 (IANS) Gold prices surged to a fresh lifetime high in the national capital on Monday, tracking a sharp rally in global markets and strong safe-haven demand from investors. According to the All India Sarafa Association, gold rose by Rs 1,685 to hit a record Rs 1,38,200 per 10 grams in Delhi.Silver also witnessed a strong rally, climbing to an all-time high of Rs 2,14,500 per kilogram, inclusive of all taxes.The white metal jumped by Rs 10,400 per kg — reflecting strong buying i…
New Delhi, Dec 22 (IANS) Driven by reports on expected US Federal Reserve rate cuts in 2026 and strong safe haven demand among investors, spot gold went up to a record high of $4,383.73 per ounce on Monday.In 2025, gold has seen a meteoric rise, up around 67 per cent amid geopolitical uncertainties and tariffs.According to analysts, gold and silver prices advanced last week and began the new week by touching fresh lifetime highs in both domestic and international markets.The rally followed…