Gold, silver rates crash from record high — Why should you buy gold in this correction? Mirae Asset explains

Gold and silver rates today: Gold and silver prices continued their downward trajectory on Monday, February 2, tracking weakness in global bullion markets as risk-off sentiment prevailed amid a stronger US dollar. Profit-taking by investors also weighed on sentiment. On Monday, MCX gold prices traded ₹8,865, or 6%, lower at ₹1,38,888 per 10 grams, while…

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Gold, Silver Rates Today LIVE: Spot gold price crosses $4,800 level for the first time, silver price gains

Gold, Silver Rates Today LIVE: Gold and silver prices hovered near record highs on Wednesday, buoyed by strong safe-haven demand amid a weakening US dollar and escalating tensions over the Greenland crisis. Additional support came from the meltdown in the Japanese government bonds. Spot gold price surged past the psychological milestone of $4,800 an ounce…

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Gold rates today: MCX gold rises ₹1,350 per 10g, silver surges ₹16,220 per kg on geopolitical tensions

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…

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Gold rates today: MCX gold jumps ₹3,500 per 10g, silver rallies ₹15,500 per kg on safe-haven buying

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…

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Gold rates today: MCX gold falls ₹1,560 per 10g, silver plunges ₹12,800 per kg as decline continues for second day

The sell-off in gold and silver accelerated further in Thursday’s trading session, as a strong US dollar is making dollar-priced commodities more expensive for holders of other currencies. Gold February futures tumbled by 1,566 per 10 grams to reach the day’s low of 136,443, extending losses for the second consecutive session. Yet, prices still remain…

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Gold rates today: MCX gold slips ₹1,670 per 10g, silver crashes ₹11,700 per kg on firm US dollar, profit taking

Gold and silver prices gave up some of their recent gains in Wednesday’s session, as the continued rally in both precious metals appeared to trigger booking profit. Traders were also holding their positions ahead of key US economic data later this week, while a strengthening US dollar contributed to the sharp pullback. Gold February futures…

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