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Gold prices climbed to a fresh lifetime high in the domestic market on Thursday amid sustained buying by jewellers and stockists, according to the All India Sarafa Association.Gold advanced by Rs 800 to hit a new peak of Rs 1,47,300 per 10 grams (inclusive of all taxes), extending gains for the fifth consecutive session. The…
Gold futures rallied sharply on Monday, touching fresh record highs in domestic and international markets as investors flocked to safe-haven assets amid rising geopolitical tensions and renewed focus on developments around the US Federal Reserve.On the Multi Commodity Exchange (MCX), gold futures for February delivery jumped by Rs 2,431, or 1.8%, to hit a record…
Gold prices continued to climb on Tuesday as investors turned towards safe haven assets amid growing political instability in Venezuela and rising US-Latin America tensions. On the domestic front, February gold futures on the Multi Commodity Exchange (MCX) rose by Rs 445, or 0.32%, to Rs 1,38,565 per 10 grams, with 14,949 lots traded. Internationally,…
Gold and silver prices rebounded sharply on Tuesday, driven by fresh buying after heavy profit-booking from record highs, with silver leading the recovery in futures trade.Gold witnessed steady buying on the Multi Commodity Exchange (MCX). The February gold contract rose by Rs 826, or 0.61%, to Rs 1,35,768 per 10 grams, with trading volumes of…
Gold prices surged to fresh lifetime highs on Tuesday, extending their rally as investors sought the safety of precious metals amid heightened geopolitical uncertainty and growing bets on interest rate cuts by the US Federal Reserve next year. The renewed buying momentum pushed both metals to record levels across domestic and global markets. On the…
Gold prices began the day on a softer note on the Multi Commodity Exchange (MCX), with the yellow metal opening at Rs 1,34,027 per 10 grams, a decline of Rs 494 or 0.37%. Despite the dip, gold has managed to stay above the key Rs 1.34 lakh level, a zone closely watched by market participants…
Representative image (ANI) NEW DELHI: Gold and silver opened strongly in domestic futures on Monday, driven by a softening dollar, expectations of a US Federal Reserve rate cut and a weaker rupee.Gold February futures traded at Rs 1,30,383 per 10 grams, up Rs 879 (0.68%), while silver March futures surged to a new peak of…
Gold and silver prices retreated on Monday as traders pared positions following hawkish remarks from US Federal Reserve officials, which weakened hopes of a rate cut in the upcoming policy meeting. The shift in sentiment pulled bullion prices lower after last week’s strong rally.On the Multi Commodity Exchange (MCX), gold futures for December delivery slipped…
