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Gold prices today extended gains on Thursday to touch fresh record highs after the US Federal Reserve raised interest rates by an expected 25 basis points and Chair Jerome Powell’s comments were read as dovish by the market. The yellow metal rose to trade at ₹58,826 on the Multi Commodity Exchange (MCX). “US Fed has […]
Gold prices in India hit new highs today tracking steady global rates. On MCX, February futures rose 0.35% to ₹57,149 per 10 gram, surpassing previous high of ₹57,125. Silver futures also edged higher to ₹68,583 per kg. In international markets, bullion was steady at $1,926.65 per ounce. Traders remained cautious ahead of US Federal Reserve’s […]
Gold discount in India jumped to highest in 10 months as record high prices hit domestic sales. Dealers last week offered discounts of as much as $42 an ounce over official domestic prices as compared to a discount of $24 in the previous week, Reuters reported. As India imports most of its bullion requirement, domestic […]
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Gold prices today hit yet another record high today in Indian futures markets, supported by firm global rates. On MCX, gold futures rose 0.3% to ₹56,850 per 10 gram at day’s high while silver edged higher to ₹68,743 per kg. Bullion has been rallying since early November on declines in the dollar and Treasury yields, […]
Gold prices in India fell for second day in a row after hitting record high earlier this week. On MCX, bullion futures fell 0.3% to ₹561,63 per 10 gram. On Monday, the precious metal had hit a high of ₹56,562 tracking firm global rates. Silver futures in Indian market was today flat at ₹69,221 per […]
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Gold dipped in India futures market today after hitting an all-time high on Monday. On MCX, gold slipped to ₹56,456 per gram, off about ₹100 from its all-time high of ₹56,562. Silver futures dipped 0.2% to ₹69,655 per kg. In global markets, gold prices inched lower, weighed by an uptick in the dollar. Spot gold […]
Gold extended gains to hit fresh highs in Indian markets. On MCX, futures rose 0.35% to ₹56517 per 10 gram, surpassing previous high of ₹56,370, hit on Friday. Silver also firmed with futures rising 0.75% to ₹70,000 per kg level. Gold rates have been on a upward trend since November, as a softer dollar and […]
Gold prices in India today came closer to all-time highs, tracking firm global rates. On MCX, gold futures jumped 0.6% to ₹56,175 per 10 gram at day’s high, edging closer to August 2020 highs of ₹56,200. Silver futures also jumped 0.4% to ₹69415 per kg. In international markets, gold rose to eight-month high of $1,873.72, […]
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Gold prices in India rose to over two-year highs, tracking firm global rates. On MCX, gold futures were up 0.6% to ₹55,546 per 10 gram while silver jumped 1.4% to ₹70,573 per kg. Gold had hit record highs of ₹56,200 in August 2020. In global markets, gold jumped to six-month high with the dollar index […]
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Gold prices jumped in India today while silver surged, supported by a drop in dollar index. On MCX, gold prices rose 0.9% to near nine-month high of ₹54,745 per 10 gram while silver surged 2.3% to ₹69,065 per kg. The dollar index today dropped to 103.66 after the Bank of Japan’s surprise policy tweak. The […]
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