Gold price today: Gold rate rose in the domestic futures market on Tuesday (March 17) morning, as heightened geopolitical risks stemming from the US-Iran war and the dollar’s volatility boosted demand for the yellow metal. MCX gold April contracts rose more than half a percent to ₹1,56,740 per 10 grams, while MCX silver May futures…
Gold rate today: Following no signs of de-escalation in the US-Iran war, fueling the oil prices above $100/barrel, the gold price today is set to drop for the second straight week. The COMEX gold rate today is around $5,085/oz, about $73/oz below last Friday’s close of $5,158.70/oz. This would be the first time since November…
Gold price today: Gold rate on the MCX eased on Thursday (March 12) morning amid profit booking, tepid spot demand, and the dollar’s rise against major peers. However, persisting geopolitical risks and uncertainties over the US tariff policies capped losses for the precious metal. MCX gold April futures were 0.10% down at ₹₹1,61,660 per 10…
Gold prices rebounded as easing geopolitical tensions in the Middle East and a weaker US dollar lifted demand for the precious metal. However, with domestic prices still a little over ₹18,000 away from their record high, investors are increasingly wondering whether gold could climb toward ₹2 lakh per 10 grams in the coming months. On…
Gold rate today: Amid escalating tension in the US-Iran war, the MCX gold rate remained sideways to positive last week and finished at ₹₹1,61,675 per 10 gm, around ₹19,000 away from the lifetime high of ₹₹1,80,779 per 10 gm. In the international market, the COMEX gold price ended at $5,158.70 per troy ounce, $468.10 away…
Generally, gold and equities move in opposite directions as their movements capture two opposite moods. However, it’s a rare time when both equities and gold are witnessing high volatility. The Nifty-to-gold ratio has declined to near 1.5, based on gold’s price in India and the Nifty’s current value. This narrowing ratio shows gold’s outperformance of…
Gold price today: Gold rate jumped by 1% on the MCX on Friday (March 6) morning, supported by a softer US dollar and healthy spot demand amid persisting geopolitical risks and a volatile stock market. MCX gold April futures climbed to ₹1,61,108 per 10 grams, rising by almost 1%, while MCX silver May contract jumped…
Gold price today: Gold rate jumped over 1% on the MCX on Wednesday (March 4) morning, recouping some of its losses from the previous session amid heightened geopolitical risks stemming from the US-Iran war. MCX gold April futures jumped 1.13% to ₹₹1,62,930 per 10 grams, while MCX silver futures may rise 1.3% to ₹2,68,700 per…
One of the conventional rules of investing suggests allocating around 80–85% of a portfolio to equities and the remaining 15–20% to gold. However, given gold’s stellar returns over the past year and the relatively muted performance of the Indian stock market, investors are now grappling with whether they should increase their gold exposure beyond the…
Gold prices have corrected more than 20% from their peak on the MCX, raising a pertinent question: Is it the right time to buy, or should one stay on the sidelines? MCX gold April contracts fell to ₹1,52,719 per 10 grams in intraday trade on Wednesday, February 18. This marks a drop of over ₹40,000,…
