Silver inventories on the Shanghai Futures Exchange (SHFE) edged up marginally after plunging to their lowest level in nearly a decade, underscoring persistent tightness in the global physical silver market. Stockpiles of the white metal fell to a 10-year low of 318.546 tonnes on February 9. Latest data from CEIC shows that silver available for…
Gold and silver rates today: Gold prices in the international market continued their bull run on Thursday, reaching a new record high of $5,591.16 an ounce as investors flocked to safe-haven assets amid geopolitical and economic uncertainty. Spot gold was trading 2.1% higher at $5,511.79 an ounce, after touching a fresh all-time high of $5,591.61…
Silver rate today: Silver prices surged sharply on Friday, with MCX silver rate jumping nearly 4% to hit a fresh all-time high of ₹3,39,927. The rally was driven by a weaker US dollar, rising geopolitical tensions, and renewed concerns over the Federal Reserve’s independence, all of which helped push precious metals to record levels. Gold…
Silver rate today in India rose again after a massive decline in the previous session. Globally, Silver price today stabilized after its sharpest one-day fall in more than five years as traders booked profits following a strong year-end rally. MCX Silver advanced over 4% to 2.36 lakh/kg. Contracts for March delivery crossed the 2.5 lakh…
Gold rate extended its record-breaking run during Wednesday’s session, December 24, registering yet another historic high and marking the third consecutive day of fresh record levels. Renewed geopolitical tensions, particularly between the US and Venezuela, boosted demand for safe-haven assets. A weakening US dollar, amid growing expectations of further monetary easing by the Federal Reserve…
