-
Gold and silver prices were highly volatile this week amid easing global trade tensions, stronger US economic data, and fading hopes of a December Fed rate cut. Gold fluctuated sharply on MCX, while silver ended lower despite broader bullish sentiment
-
Gold and silver prices tumbled on MCX after the US Fed’s 25 bps rate cut, with gold down 1.51% and silver 0.97%. Caution over future rate cuts and easing safe-haven demand weighed on prices.
-
Gold and silver prices corrected after record highs, but festive jewellery sales during Dhanteras surged 35–40 per cent. Silver ETFs saw steep declines amid global price cooling, while gold eased on profit-booking and rate-cut expectations.
-
Gold and silver prices eased in early trade Thursday on the MCX as investors booked profits after record highs. December gold futures slipped 0.34% to ₹1,22,789 per 10g, while silver dropped 0.75% to ₹1,48,738 per kg amid global cues.
-
Gold and silver prices surged this week, with 24-carat gold rising by over Rs 3,300 and silver breaching the Rs 1.28 lakh mark, amid global uncertainty and safe-haven demand
-
Gold and Silver prices surged to fresh record highs this week, driven by global uncertainty, tariff concerns, and safe-haven demand, with analysts expecting the bullish trend to continue in near term
-
Silver prices surged to an all-time high of ₹1,14,493 per kg amid strong global trends and domestic demand. Gold also gained sharply. Analysts cite economic uncertainty, industrial demand, and safe-haven interest as key drivers behind the rally.
-
Silver also registered a steep rise of Rs 2,300 to Rs 95,500 per kg, largely in tandem with global trends
-
The long-term outlook for silver remains strong due to its increasing industrial usage. The precious metal is a key component in electronic devices, circuit boards, solar panels, and EV batteries
-
investors are turning to precious metals for stability as a result of increased market volatility brought on by elevated geopolitical tensions,
-
The fall in prices comes despite the ongoing wedding season, typically a period of heightened demand for precious metals
-
The duty on gold and silver has been reduced to 6 per cent, leading to an immediate impact on prices.
-
On the Multi Commodity Exchange, silver contracts for September delivery declined by Rs 138 or 0.19 per cent to Rs 73,430 per kg in a business turnover of 7,628 lots.
-
Last week, there were messages on the Reddit forum WallStreet Bets and other places on social media encouraging small investors to buy silver. The metal shot up Monday, but many of the online investors said it wasn't them bidding up the price.
-
The yellow metal had closed at Rs 50,610 per 10 gram in the previous trade.
-
Silver prices also jumped Rs 694 to Rs 65,699 per kilogram from Rs 65,005 per kilogram in the previous trade.
