Mumbai, Feb 23 (IANS) Gold and silver prices surged significantly on Monday, amid growing geopolitical tensions and the US dollar’s steep fall.MCX gold April futures gained 1.83 per cent to Rs 1,59,749 per 10 grams on an intra-day basis. Meanwhile, MCX silver March futures gained 5.10 per cent to Rs 2,65,836 per kg.Earlier in the day, gold had jumped 2 per cent while silver soared 6 per cent. Analysts attributed the surge to geopolitical tensions as US President Donald Trump’s 10-day deadline fo…
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Mumbai, Feb 19 (IANS) Gold and silver prices continued to rise for a second consecutive session on Thursday — amid rise in geopolitical tensions, cautiousness of the US Federal Reserve stand and withdrawal of additional margins on gold and silver futures in domestic market.The US Defence Department has sent additional weaponry to the Middle East such as warships, air defences and submarines, in preparation for a possible military strike on Iran if negotiations fail, according to multiple report…
Mumbai, Dec 26 (IANS) Indian benchmark indices opened flat with a mild negative bias on Friday, as markets are apparently in the consolidation phase amid lack of major cues.As of 9.30 am, Sensex edged down 83 points, or 0.09 per cent to 85,325 and Nifty eased 17 points, or 0.06 per cent to 26,124.Main broadcap indices outperformed benchmark indices in terms of gains, with the Nifty Midcap 100 advanced 0.35 per cent, while the Nifty Smallcap 100 added 0.27 per cent.Cipla, Dr Reddys Labs and ONGC …
