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…
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…
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…
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…
Gold and silver held firm on Friday, 20 February, with investors gravitating toward safe-haven assets amid rising Middle East tensions and military mobilization by both Iran and the US, despite the US Dollar Index being on course for its biggest weekly surge since October. The April futures contract on Comex jumped $71 per troy ounce…
Silver rate today: Silver prices steadied, rising 1% on MCX on Friday, February 20 amid heightened geopolitical uncertainty between US and Iran. US President Donald Trump said that he would allow only 10 to 15 days for negotiations on a nuclear agreement with Iran. His comments came as American military forces expanded their presence in…
Investors flocked to precious metals for the second straight session on Thursday, 19 February, as rising geopolitical tensions kept demand for safe-haven assets elevated. Investors also evaluated the Federal Reserve’s monetary policy path. Extending its winning run to a second day, the April futures contract on Comex gained another $31.4 per troy ounce to hit…
Gold price today: Precious metals regained momentum in Wednesday’s trade, as investors awaited the release of the minutes from the Federal Reserve’s most recent policy meeting, the US Core PCE number, and speeches by several Fed officials to gauge clues on US monetary policy. After falling to a weak low in the previous trading session,…
Gold price today: Safe-haven assets came under sharp selling pressure on Tuesday, 17 February, as a strengthening US dollar made greenback-priced commodities more expensive for holders of other currencies, while easing geopolitical tensions also lowered demand for precious metals. In addition, holidays in major markets hit liquidity, keeping metal prices under pressure. The April futures…
