Silver prices were range bound on Wednesday, March 18, as investors stayed cautious ahead of the US Federal Reserve’s rate decision later in the day, with inflation risks rising due to elevated oil prices amid the prolonged Middle East conflict. The US Federal Reserve is widely expected to keep interest rates unchanged, while markets remain…
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…
Silver prices jumped on Tuesday, March 17 supported by easing concerns over prolonged disruptions to oil shipments, as investors evaluated the economic fallout of the Middle East conflict ahead of a series of central bank policy decisions this week. On MCX, silver rate rose 2% to ₹2,61,457 per kg while gold price advanced 0.8% to…
Silver prices slipped around 2% on Monday, March 16 even as the dollar softened, with bullion caught between two competing forces. On one hand, a weaker greenback and lower US Treasury yields offered some support to precious metals. On the other, stubbornly high oil prices kept inflation worries alive, which in turn reduced expectations of…
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…
Both gold and silver were little changed in Thursday’s session, as a strong US dollar and fading expectations of near-term interest rate cuts by the US Federal Reserve made precious metals less attractive to investors, even as tensions in the Middle East remained high. The April futures contract on COMEX gold dropped $64.4 to the…
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…
Precious metals edged lower in Wednesday’s trade on 11 March from a strong close in the previous session as the US dollar resumed gains, making greenback-priced commodities more expensive for other currency holders. The April futures contract on COMEX Gold dropped $87 to the day’s low of $5,155.9 per troy ounce, erasing half of the…
Gold price today: Gold rate slipped on the MCX on Wednesday (March 11) morning, largely due to profit booking. However, geopolitical uncertainties and the dollar’s weakness capped losses for 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:…
Silver rate on the MCX jumped more than 4% in intraday trade on Tuesday, March 10, supported by healthy spot demand, dollar’s weakness, and persisting geopolitical risks. MCX silver May futures rose by more than ₹11,000, or over 4%, to ₹Rs 2,78,339 per kg. Silver prices have been volatile this year. Nevertheless, the white metal…
