Gold and silver could witness strong gains as fiscal pressures, shifting real yields and currency concerns reshape global markets, according to a Vallum Capital report. Central bank buying and expectations of monetary easing are expected to support precious metal prices
Crude oil futures declined by Rs 63 to Rs 6,901 per barrel on the Multi Commodity Exchange amid weak global trends. Analysts attributed the fall to profit-booking and weak spot demand, while benchmark international crude prices also traded lower
Gold and silver prices plunged up to 4% on the MCX Friday, driven by a stronger US dollar and expectations of prolonged high interest rates. While precious metals weakened due to rising US inflation, crude oil prices climbed over 1%.
Aluminium prices rose 0.72 per cent to Rs 371.50 per kg in futures trade on Monday as traders created fresh positions amid a positive spot market trend. Analysts said demand from consuming industries and strong market sentiment supported the rise in aluminium futures prices
Gold and silver prices fell up to 2% on the Multi Commodity Exchange amid US-Iran tensions and rising crude oil prices above $110. Weak global cues and profit booking pushed both metals lower despite strong long-term returns
Gold and silver prices on Multi Commodity Exchange fell around one percent as profit booking reduced safe-haven demand. Gold and Silver showed cautious trends, with analysts संकेत mixed momentum amid shifting investor sentiment toward riskier assets and easing geopolitical tensions
