Gold Prices Drop Amid Strong Dollar and Fed Rate Hike Fears

Gold Prices Drop Amid Strong Dollar and Fed Rate Hike Fears

New Delhi, June 6: Gold prices fell by 0.87% this week following better-than-expected employment figures from the United States, raising concerns that the Federal Reserve may maintain high interest rates for an extended period. On the last trading day of the week, Friday, gold futures for August delivery dropped by 2.47% on the Multi Commodity … Read more

Gold and Silver Prices Surge Amid Dollar Index Weakness

Gold and Silver Prices Surge Amid Dollar Index Weakness

Mumbai, May 6: Gold and silver prices saw a significant rise on Wednesday, with both precious metals climbing nearly 2.70% due to a weakening dollar index. On the Multi Commodity Exchange (MCX), the June 5, 2026 contract for gold opened at ₹152,000, reflecting an increase of ₹2,247 or 1.5% from the previous closing of ₹149,753. … Read more

Gold and Silver Prices Surge by 3.5%

Gold and Silver Prices Surge by 3.5%

Mumbai, March 10: Gold and silver prices saw a significant rise on Tuesday, with gold crossing ₹1.62 lakh per 10 grams and silver surpassing ₹2.76 lakh per kilogram. As of 10:22 AM, the April contract for gold on the Multi Commodity Exchange (MCX) rose by 1.07% to reach ₹1,62,010, while the May contract for silver … Read more

Gold Prices Drop Below ₹1.60 Lakh per 10 Grams, Silver Prices Also Decline

Gold Prices Drop Below ₹1.60 Lakh per 10 Grams, Silver Prices Also Decline

New Delhi, March 6: Gold and silver prices saw a decline on Friday, with gold dropping to around ₹1.60 lakh per 10 grams and silver reaching approximately ₹2.60 lakh per kilogram. According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold decreased by ₹1,835 to ₹1,58,751 per 10 grams, down from … Read more

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