The demand for gold and silver has largely remained subdued throughout this week as a strengthening US dollar and concerns over a delay in US interest rate cuts have capped prices, even as tensions in the Middle East remained elevated. The April futures contract on COMEX gold dropped $59 to the day’s low of $5,066…
Gold rate today: The domestic gold futures kicked off the evening trade on the Multi Commodity Exchange (MCX) on a tepid note, tracking the weakness in the international markets as the US dollar strength outweighed the geopolitical risks stemming from US-Israeli military action against Iran. MCX gold futures for April expiry opened with a 3%…
Gold rate today: Gold prices witnessed a sharp rally on Monday, March 2, tracking strong gains in global bullion markets amid intensifying tensions in the Middle East. Gold prices surged today after the US and Israel launched a major strike on Iran, reportedly resulting in the death of Supreme Leader Ayatollah Ali Khamenei and heightening…
Gold and silver prices were trading in losses in Thursday’s session, February 26, as investors held off their bets ahead of the US-Iran nuclear talks later in the day, while the US Federal Reserve is expected to maintain interest rates at current levels in its next policy meeting. The April futures contract on Comex fell…
Gold rate today: Gold and silver prices saw renewed buying in Wednesday’s session, as growing tensions in the Middle East have boosted safe-haven appeal, while a pullback in the US dollar index also aided sentiment, coupled with ongoing US tariff uncertainty. The April futures contract on Comex rebounded $54 per troy ounce to a day’s…
Silver rate today rose on Wednesday, February 25 as investors turned to the safe-haven metal during Asian trading amid lingering uncertainty over US tariff policies. Reduced expectations of a near-term interest rate cut also supported sentiment, while gold prices advanced in early deals. Gains in recent sessions were further underpinned by escalating geopolitical tensions in…
Precious metals — gold and silver — were trading with healthy gains in Monday’s session, as the US Supreme Court ruling against President Donald Trump’s tariffs lowered demand for the US dollar, making dollar-priced commodities more attractive for overseas investors. The April futures contract on Comex jumped $140 per troy ounce to a day’s high…
Despite elevated geopolitical tensions, trade worries, and policy uncertainty in Washington, the sell-off in precious metals deepened further in Monday’s session, February 2, as investors appeared to accelerate their dumping spree. Precious metals, which were once trading at record highs, are now struggling near multi-month lows. Apart from gold and silver, platinum prices also faced…
Silver rate today on MCX extended losses on Monday, February 2, following a steep correction over the previous two sessions. The white metal has now fallen more than 39% from its record high of ₹4,20,000, hit on Thursday (January 30) on firm dollar and as higher CME margins take effect from today. MCX silver price…
Multi Commodity Exchange of India (MCX) share price came under intense pressure during the special Budget session on Sunday, February 1, tumbling as much as 15% in intra-day trade. The sharp fall followed a heavy selloff in MCX silver contracts and lower circuit hits in MCX gold, marking the steepest single-day slide for the exchange’s…
