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"precious-metals"

  • Gold imports drop 70 pc to 30 tonnes after duty hike: Official

    India’s gold imports fell nearly 70% to 25-30 tonnes after customs duty on gold was raised to 15% from 6%. Despite lower volumes, import value increased due to rising prices. The government aims to reduce foreign exchange outflow and prioritise essential imports
  • Gold, silver prices fall up to 2 pc amid West Asia tensions

    Gold and silver prices declined on domestic and international markets amid shifting investor sentiment over the West Asia conflict. Easing safe-haven demand and expectations of prolonged higher US interest rates weighed on bullion, while crude oil prices surged sharply
  • Gold, silver decline up to 2 pc amid profit-booking

    Gold and silver prices declined on Thursday after the government increased import duty to 15 per cent, triggering profit booking in precious metals. Despite volatility, analysts remain cautiously bullish on gold and silver due to safe-haven demand and ongoing geopolitical uncertainties in global markets 
  • Gold, silver rally up to 1 pc as West Asia tensions escalate

    Gold and silver prices rose on the Multi Commodity Exchange of India amid US-Iran geopolitical tensions, boosting safe-haven demand. Gold futures climbed above ₹1.53 lakh per 10 grams, while silver surged over ₹2.61 lakh per kg, tracking gains in global COMEX markets and rising crude oil prices
  • Gold, silver trade on firm note ahead of US Fed decision

    Gold and silver traded cautiously on the MCX ahead of the US Federal Reserve's interest rate decision. While both metals opened higher, they faced resistance at key levels. International markets remained mildly positive as investors weighed global macroeconomic uncertainties
  • Gold, silver prices decline up to 2 pc as West Asia conflict push crude above $110

    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, silver rise up to 2 pc amid US-Iran ceasefire extension

    Gold and silver prices rose up to 2% on MCX amid global uncertainty and extended US-Iran ceasefire. Gold crossed Rs 1.53 lakh/10g while silver neared Rs 2.50 lakh/kg, with analysts noting consolidation and potential breakout or correction levels ahead
  • Gold, silver surge on safe-haven demand amid West Asia tensions

    Gold and silver prices surged on Multi Commodity Exchange amid West Asia tensions, driven by safe-haven demand. Analysts cited geopolitical uncertainty and volatility, with metals holding key support levels and likely remaining sensitive to global macroeconomic and geopolitical developments
  • Gold, silver prices dip after aggressive profit booking from record levels

    Gold and silver prices fell in early trade after hitting record highs, as profit booking emerged and the dollar strengthened. MCX silver slid sharply while gold eased, though analysts say the broader trend remains bullish despite short-term overheating concerns persist
  • MMTC-PAMP to launch silver recycling pilot in 3 months amid supply concern

    MMTC-PAMP plans to start silver recycling at select stores within three months to meet rising demand and supply constraints. The company will expand minting, digital commerce, and silver offerings, citing record silver prices and growing investor interest
  • Silver hits record high on MCX, jumps over 4 pc as rate-cut hopes fuel rally

    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
  • Gold gains, silver drop as traders await Fed policy outcome

    Gold rose to Rs 1,30,638 per 10 grams, while silver eased to Rs 1,82,600 per kg, as investors awaited the US Federal Reserve’s year-end policy meeting. Silver remains supported by industrial demand and tight global inventories despite early profit-taking 
  • Gold’s 2025 rally among steepest since 1970s, led by Asia

    Gold prices have surged over 50 per cent in 2025, hitting USD 4,000, driven by Asian demand, central bank purchases, and safe-haven buying. Slower mine output and strong domestic imports in India and China are fueling the steepest rally since the 1970s
  • Govt cuts import duty on gold, silver

    The customs duty on gold and silver was reduced to 7.5 per cent.

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