Gold futures rose nearly 1 per cent to Rs 1.60 lakh per 10 grams on the Multi Commodity Exchange amid renewed geopolitical tensions involving the US and Iran. Investors are also awaiting RBI policy decisions and key US labour market data
Gold prices rose during the week amid geopolitical uncertainty and fluctuations in crude oil prices. Analysts said US-Iran negotiations, bond yields, rupee volatility and global market developments will continue to influence bullion prices, while India’s gold demand may decline following the recent import duty hike
Gold and silver prices surged this week on the MCX amid geopolitical tensions and volatile crude oil prices. Analysts said bullion markets remained supported despite profit booking, with investors closely watching resistance and support levels for further price direction
Gold prices rose 1.83 per cent during the week amid geopolitical tensions and volatile crude prices. Precious metals gained support from a weaker US dollar and safe-haven demand, while investors continued to monitor developments in the US-Iran conflict and global interest rate outlook.
Gold and silver prices fell sharply in Mumbai trade as the Strait of Hormuz blockade announcement and rising tensions dented sentiment. Weak global cues and risk-off mood pushed bullion lower, with MCX and COMEX metals showing further downside pressure
Gold and silver prices plunged sharply as investors booked profits after a historic rally. MCX gold fell over 7% and silver 9%, pressured by higher CME margins, a stronger dollar, and Budget-related expectations, triggering panic unwinding and short-term bearish trends