Wed, Dec 04, 2024
The price of 24-carat gold increased to Rs 77,963 per 10 grams, up by Rs 4,500, while 22-carat gold is priced at Rs 71,483 per 10 grams, reflecting a Rs 4,200 rise. Silver prices remain steady at Rs 94,000 per kg.
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Tue, Dec 03, 2024
Gold prices remain firm across India, with 24K at Rs 77,340 per 10 gm. Silver trades steadily at Rs 90,900 per kg, reflecting stable market demand. (Image: Unsplash, Pixabay)
Mon, Dec 02, 2024
Gold prices dipped on Monday as a stronger US dollar and profit-taking weighed on the market. Investors await key US economic data to assess the Federal Reserve’s policy direction. (Images: Pixabay, Unsplash)
Tue, Feb 08, 2022
Yellow metal has received support from weakness in USD index, Harshal Barot, Senior Research Consultant at Metal Focus says. While US interest rate hikes have been doing rounds for few months now, ECB has also indicated a hawkish stance while the Bank of England has increased rates, he says
Fri, Feb 04, 2022
Kunal Shah of Nirmal Bang said that the prices may go up further by USD 10 if US imposes sanctions of Russia. He said that the Russia-Ukraine crisis is building a premium on crude prices. He said that the Geo-political tension is playing a bigger role than the US weather
Mon, Dec 13, 2021
The exchange already offers base metal options on futures in copper and zinc and option contracts in gold, silver and crude
Wed, Dec 08, 2021
MCX February Gold Futures were trading in the green at Rs 48,123 per 10 gram around 6:45 pm, up by almost Rs 63 or 0.13 per cent from the Tuesday closing price. Meanwhile the March Silver futures were higher by Rs 208 or 0.34 and were trading at Rs 61,620 around this time
Shares of major exchanges were on roll on Wednesday after the Reserve Bank of India (RBI) came out with its policy announcements today.
Tue, Dec 07, 2021
Motilal Oswal said that Gold traded steady amid a stronger US Dollar and fears looming over the pace of tapering exercise by the US Federal Reserve. The uncertainty over coronavirus Omicron variant and inflationary pressures acted as a countervailing force, aiding the bullion price movement, it further said
Mon, Dec 06, 2021
Analyst Anuj Gupta remains bullish on the yellow metal in the near to immediate term. He recommended a buy in February Gold Futures at Rs 47,800 with a stop loss at Rs 47,600 and price target at Rs 48,300
Sat, Dec 04, 2021
Outlook for gold and Silver remains positive in the immediate to near term amid uncertainties around Omicron. The stock markets collapsed on Friday once again following the trend which existed for almost the entire week. The loss to equity markets will benefit Gold considered as a haven for investors amid difficult times
Thu, Dec 02, 2021
Domestic prices of Gold and Silver took cues from their foreign peers and were trading in the red around 6 pm on Thursday. The February Gold Futures were trading at Rs 47,745 per 10 gram on the MCX around this time and were down by Rs 127 or 0.27 per cent from the Wednesday closing price
Wed, Dec 01, 2021
The February Gold Futures were trading at Rs 47,878 per 10 gram, higher by Rs 73 or 0.15 per cent from the Tuesday closing price. Meanwhile, the March Silver futures were dearer by Rs 135 or 0.22 from the Tuesday closing price and were trading at Rs 62,406
Tue, Nov 30, 2021
MCX Gold and Silver futures were trading with a positive bias on Tuesday. The February Gold futures were trading at Rs 48,290 per 10 gram at 4:10 pm, higher by Rs 300 or 0.63 per cent from the Monday closing price. Meanwhile, March Silver futures were up by Rs 150 or 0.24 per cent around this time and were trading at Rs 62,586
Mon, Nov 29, 2021
December Gold futures were up almost 0.60 per cent or Rs 282 from the Friday closing price and were trading at Rs 47,867 per 10 grams. Meanwhile, the December Silver Futures were also dearer by Rs 736 or 1.2 per cent and were trading at Rs 62,781 per kg
Thu, Nov 25, 2021
MCX December Gold and Silver Futures were trading with a positive bias on Thursday. While the yellow metal gained Rs 112 per 10 gram around 2:50 pm, Silver futures were up by Rs 407 per kg from the last closing price on Wednesday
Tue, Nov 23, 2021
MCX December Gold and Silver futures are expected to trade in a range according to a report by Motilal Oswal. It sees support at Rs 47,450-$7,200 and resistance at Rs 47,900-48,100. As for Silver futures, support is seen at Rs 63,100-62,700 and resistance is seen at Rs 64,200-64,600, this report said
Mon, Nov 22, 2021
After hitting a two-week low last week, the yellow metal managed to salvaged some ground on the back of a US Dollar retreat. The dollar index fell 0.1 per cent, retreating from Friday's high, a Reuters report said. A weaker dollar reduces bullion's cost to buyers holding other currencies
Thu, Nov 04, 2021
Expert Anuj Gupta, Vice President (VP), Commodity and Currency Research at IIFL Securities recommends a Buy on December Gold futures at Rs 47,300 with a stop loss at Rs 46,900 and target at Rs 48,000
Wed, Oct 27, 2021
Silver has outperformed gold in the recent run, however, it was trading nearly Rs 200 down on the Multi Commodity Exchange (MCX) on Wednesday
Tue, Oct 26, 2021
MCX December Gold futures were cheaper by Rs 260 on Tuesday from the Monday closing price at around 6:20 pm. December Silver futures were trading down by Rs 586
Mon, Oct 25, 2021
MCX Gold futures were trading at Rs 48,106 per 10 gram around this time and was up 0.65 per cent from the Friday closing price. Meanwhile, the MCX Silver futures were also up 0.47 per cent and were trading at Rs 65,965 per kg
Multi Commodity Exchange (MCX) fell by over 4 per cent on Monday, after the company reported 44 per cent decline in consolidated net profit at Rs 32.66 crore for the quarter ended September 2021.
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