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Gold prices in New Delhi fell ₹1,800 to ₹1.54 lakh per 10 grams while silver dropped ₹6,500, pressured by rising crude oil prices, a stronger US dollar, and expectations of prolonged higher interest rates impacting global bullion markets

Gold and silver surged to record highs on Tuesday amid a weaker dollar, geopolitical tensions and expectations of US Fed rate cuts. Safe-haven demand and central-bank buying lifted MCX gold and silver, while analysts see further upside despite possible near-term consolidation

Mumbai stocks rebounded sharply as Sensex and Nifty rose in early trade after four losing sessions, tracking global market gains, easing US inflation data, expectations of Federal Reserve rate cuts, and strong foreign and domestic institutional buying, boosting investor sentiment

Silver prices surged to record highs in domestic and global markets, driven by strong global cues, safe-haven demand, and rising expectations of US interest rate cuts, while gold prices remained subdued amid mixed trends and a weaker dollar

Sensex and Nifty tumbled amid weak global cues, persistent FII selling, pressure on IT and Reliance shares, and caution ahead of the US Federal Reserve’s policy outcome. Most Asian markets traded lower as crude prices softened and investor sentiment stayed fragile 

Gold futures on the MCX surged Rs 791 to Rs 1,21,313 per 10 grams on Thursday, supported by firm global cues and a weaker dollar. Silver followed suit, gaining Rs 1,251 per kg as global prices rose above USD 4,000 per ounce

Gold prices slipped on Tuesday as a stronger US dollar and waning expectations of further Fed rate cuts prompted investors to book profits. Analysts cited easing US-China tensions and China’s new tax policy as added pressure on bullion demand

Gold surged to a record Rs 1.17 lakh per 10 grams on the MCX, tracking global gains as investors sought safe-haven assets amid looming US government shutdown risks, fresh tariffs, and expectations of Federal Reserve rate cuts. Silver also hit lifetime highs

Asian shares rose Monday, tracking Wall Street’s rally after Fed Chair Jerome Powell hinted at possible rate cuts amid labor market risks. Gains were led by Hong Kong, Shanghai, and Taiwan, with chipmakers boosting sentiment ahead of Nvidia’s earnings report

Gold prices are expected to stay range-bound amid global trade uncertainty, key US macroeconomic data, and central bank cues. While domestic festive demand may offer support, a stronger US dollar and volatility persist. Silver surged on tightening supply and industrial demand

Forex traders noted that market sentiment improved after Donald Trump, on Tuesday, stepped back from his earlier threats to dismiss Federal Reserve Chair Jerome Powell, following days of escalating criticism over Powell’s reluctance to cut interest rates. Trump also hinted at the potential for reduced tariffs on Chinese goods.

Forex traders noted that the local currency received support from declining crude oil prices and an influx of foreign capital into domestic equity markets. At the interbank foreign exchange, the rupee opened weaker at 86.60, dropped to 86.68, and was trading at 86.66 against the US dollar in early transactions, marking a 10-paise decline from its previous close.

Forex traders say the rupee is likely to remain in a weakening mode due to significant dollar demand

Forex traders say indication of some recovery in domestic equity markets prevented the fall in local unit

While the US dollar fell slightly in overseas markets, rising Brent crude oil prices limited gains for the domestic currency.

The broader 50-share Nifty tumbled 187.85 points or 0.86 per cent to 21,555.40 points while the 30-share Sensex crashed 675.79 points or 0.94 per cent to 70,879.40 points.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.05 per cent to 106.28.

In the international markets, both gold and silver were trading higher at USD 1,936 per ounce and USD 23.33 per ounce, respectively.

In the international markets, both gold and silver were quoting lower at USD 1,906 per ounce and USD 22.55 per ounce, respectively.

The Fed indicated in minutes from its July meeting that it would make future decisions based on hiring, inflation and other data.