Silver rate today: Silver prices ticked higher on Friday, March 6 as investors adopted a cautious stance while evaluating the potential economic fallout from the escalating conflict in the Middle East. A slight decline in the US dollar also lent support to precious metals, making dollar-denominated bullion cheaper for buyers using other currencies. Silver price…
The Middle East conflict, involving the United States and Israel against Iran, has sparked a severe risk-off mood globally. This initially resulted in the sharp rise in demand for safe-haven assets like gold and silver, but the uptrend has remained. Gold prices in the domestic spot market have risen by ₹3400 to ₹1,62,029 on a…
Gold Rate Today LIVE: Gold and silver prices traded over a percent higher each on the Multi Commodity Exchange of India (MCX) on Wednesday, following a rally in international bullion prices as the escalating US-Israeli strikes on Iran heightened geopolitical uncertainty and supported safe-haven demand. MCX gold rate today for April futures contracts opened higher…
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 and silver prices on the Multi Commodity Exchange of India (MCX) surged sharply on Friday, supported by heightened safe-haven demand amid escalating geopolitical tensions in the Middle East. Following fresh Israeli attacks on Iran and the US military involvement, bullion markets are expected to remain sensitive to further developments when trading resumes next week….
Silver inventories on the Commodity Exchange, Inc. (COMEX) and the Shanghai Futures Exchange (SHFE) have declined sharply, reflecting sustained drawdowns across key global trading hubs. Total COMEX silver inventories as of February 26 fell to 360.64 million ounces, a drop of 1.21 million ounces, or 0.33% from the previous day. This is a sharp fall…
Gold, Silver Rates Today LIVE: Gold and silver prices declined on Tuesday, pressurized by a stronger US dollar despite tariff uncertainty and US-Iran tensions. Comex gold prices fell from a more than three-week high, while silver prices dropped over 3%. Spot gold price fell 1.5% to $5,150.38 per ounce after hitting a more than three-week…
Silver rate today: Silver prices moved higher on Monday as the dollar weakened amid lingering uncertainty over the fate of trade agreements negotiated with the US, while tensions between the US and Iran also stayed in focus. Markets were unresolved after the US Supreme Court curtailed President Donald Trump’s tariff authority, supporting demand for safe-haven…
MCX silver rate today: Silver’s bull run that came to an abrupt halt towards the end of January has brought prices almost 40% lower from their all-time high of ₹4,20,000 on the Multi Commodity Exchanges. What most investors don’t realize is that to reclaim this level, the MCX silver rate would need to surge a…
Amid fading hopes of rapid rate cuts by the US Federal Reserve following upbeat jobs data, safe-haven assets fell marginally in Thursday’s trade, while the firm US dollar also made precious metals less appealing to traders. Earlier in the day, the April futures contract on Comex fell $33 per troy ounce to hit an intraday…
