It was yet another record-breaking day for both gold and silver, as investor demand for these precious metals remained strong as intensifying tensions in the Middle East boosted the appeal of safe-haven assets, keeping the bullish momentum intact from last year’s stellar run. The February gold futures on MCX opened lower at ₹1,40,501 per 10…
Gold and silver prices kicked off the week on a strong note, with both precious metals scaling fresh historic peaks as demand for safe-haven assets remained firm amid rising geopolitical and trade tensions, alongside reports that US prosecutors are investigating Fed Chair Jerome Powell, further heightening market uncertainty. The February gold futures on MCX opened…
Both gold and silver prices continued to hold Friday’s early gains after data showed the US economy created fewer jobs than expected in December, which could reinforce the case for more Federal Reserve rate cuts this year. The February gold future contracts on MCX surged 1,160 per 10 grams to reach 1,38,902. The rebound also…
