Equity benchmark Sensex jumped over 600 points in intraday trade on Monday, February 2, while gold and silver prices plunged sharply, leaving investors unsure about their next move. Should they increase exposure to equities or protect their wealth by staying on the sidelines? MCX Gold February futures have crashed by over ₹47,000, or 26%, per…
Gold price today: Gold rate declined sharply on the MCX in the morning trade on Friday, January 30, on profit booking at higher levels, following a strong rise in the dollar index. MCX gold February futures crashed by more than ₹10,000, or 6%, to drop to the level of ₹₹1,59,250 per 10 grams. MCX silver…
Gold price today: Gold rates on the MCX rose sharply in the morning session on Thursday, January 29, supported by strong retail demand, the dollar’s weakness, and geopolitical uncertainties. The US Fed on January 28 maintained the status quo on policy rates, but markets continue to discount two rate cuts later this year. (This is…
Gold price today: Gold rates jumped almost 2% on the MCX in morning trade on Wednesday, January 28, to breach the ₹1.6 lakh per 10 grams mark for the first time amid persisting geopolitical tensions, the dollar’s weakness, and strong spot demand. MCX gold February futures jumped by more than ₹4,700, or 3% to a…
Gold price today: Gold rates jumped to a record high in the domestic futures market on Friday, January 23, morning, as heightened geopolitical and geoeconomic risks and weakness in the US dollar boosted demand for safe-haven assets. MCX gold February futures jumped by nearly ₹2,900, or almost 2%, to a fresh record high of ₹₹1,59,226…
Gold price today: Gold rates surged by nearly ₹3,000, or almost 2%, on the MCX on Wednesday (January 21) morning to hit a fresh record high, fueled by US-EU trade war fears, dollar’s weakness and strong retail demand. MCX gold February futures hit a record high of ₹1,53,316 per 10 grams, while MCX silver March…
Gold rates experienced some volatility on the MCX during the evening session of trading on Thursday, January 15, due to booking profit amid a mild uptick in the US dollar. MCX gold February futures rose about 0.20% but soon slipped into the red. Around 5:30 pm, the yellow metal was flat at ₹1,43,144 per 10…
Gold price today: Gold rates dropped in the domestic futures market on Thursday (January 8) morning on profit booking amid a rise in the US dollar and bond yields. MCX gold February futures were 0.25% down at 1,37,663 per 10 grams at 9:25 am, while MCX silver March futures were 0.33% down at 2,49,779 per…
Gold price today: Rates drop on MCX on profit booking amid dollar’s rise; is it the right time to buy the yellow metal? (This is a developing story. Please check back for fresh updates.) Read all market-related news here Read more stories by Nishant Kumar Disclaimer: This story is for educational purposes only. The views…
Gold price today: The rates of gold rose in the domestic futures market on Tuesday (6 January) morning on healthy spot demand and increased geopolitical uncertainties. MCX gold February futures were 0.20% up at ₹1,38,392 per 10 grams around 9:10 am. MCX silver March futures were 1.26% up at 2,49,252 per kg at that time….
