Precious Metals Decline Amid Rising Tensions in West Asia

Precious Metals Decline Amid Rising Tensions in West Asia

Mumbai, June 10: Precious metals, including gold and silver, saw a significant decline during Wednesday’s trading session due to escalating tensions in West Asia and uncertainty in global markets. On the Multi Commodity Exchange of India (MCX), August futures for gold opened at ₹149,926 per 10 grams but fell nearly 2% to reach a day’s … Read more

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 Following Customs Duty Hike

Gold and Silver Prices Surge Following Customs Duty Hike

New Delhi, May 13: Following the central government’s increase in customs duty, gold and silver prices have seen a significant rise, with both precious metals climbing by up to 6.66 percent on Wednesday. On the Multi Commodity Exchange (MCX), the gold contract for June 5, 2026, was trading at ₹162,790, reflecting a gain of 6.09 … Read more

Gold Prices Surge Amid Geopolitical Tensions

Gold Prices Surge Amid Geopolitical Tensions

Mumbai, May 9: Gold prices have seen a notable increase of 1.83% this week, driven by geopolitical uncertainties and fluctuations in crude oil prices. On the last trading day of the week, MCX Gold June futures recorded a slight rise of 0.04%, trading at ₹1,52,589 per 10 grams. Meanwhile, MCX Silver July futures surged by … 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 Drop Significantly This Week

Gold and Silver Prices Drop Significantly This Week

New Delhi, May 2: Gold and silver prices have seen a notable decline this week, with gold becoming cheaper by ₹1,000 and silver by over ₹3,000. According to the India Bullion Jewellers Association (IBJA), the price of 24-carat gold has decreased by ₹1,216, now standing at ₹1,50,263 per 10 grams, down from ₹1,51,479. The price … Read more

Significant Drop in Gold and Silver Prices on Ram Navami

Significant Drop in Gold and Silver Prices on Ram Navami

Mumbai, March 26: On the occasion of Ram Navami, gold and silver prices have witnessed a substantial decline in the domestic futures market. This drop is attributed to increasing pressure in the international market and a strong US dollar. As trading commenced on the Multi Commodity Exchange (MCX) at 5 PM, gold prices fell by … Read more

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