Escalating tensions between the US and Venezuela have further aggravated the rally in gold prices. The yellow metal climbed by over 2,000, or 1.5%, to 1,38,270 per 10 grams in the domestic spot market in intraday trade on Monday, 5 January. Silver prices saw even steeper gains of 3% to trade at Rs 2,43,530 per…
Gold-silver ratio: Following a volatile week, gold prices in the international market settled at $4,345.50 per ounce, while the silver price concluded at $71.30 per ounce. This led to a rise in the gold-silver ratio to around 60, which once hit a low of 54 on Monday. As experts are bullish on both precious bullions…
Gold prices dropped by almost 1% while silver rates crashed 6% in morning trade on the MCX on Wednesday, December 31, due to profit booking at record high levels. MCX gold February futures dropped 0.75% to 1,35,644 per 10 grams, while MCX silver March futures crashed 6% to Rs 2,35,952 per kg. Around 9:15 am,…
Gold price today: Gold rates rose significantly in the morning trade on the MCX on Tuesday (30 December) on healthy spot demand. MCX gold February futures were 0.54% up at ₹1,35,668 per 10 grams around 9:20 am. MCX silver March futures were 3.81% up at 2,32,970 per kg at that time. Gold and silver witnessed…
