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Gold, silver prices decline in India: What's next for bullion
Gold, silver prices drop on MCX as strong US dollar, higher interest rate expectations, and West Asia tensions impact global bullion markets.
Gold falls as West Asia tensions lift dollar; silver holds steady
Gold prices dip as US-Iran tensions boost dollar, oil. Silver steady. Fed minutes, jobless claims awaited.
Gold, silver prices today: Comex gold slips $107, silver drops $3 as Middle East tensions escalate; Fed minutes in focus
Precious metals saw further losses on 8 July, influenced by renewed Middle East tensions and a strengthening US dollar. Gold dropped to $4,050 and silver fell below $60, as escalating conflicts following US strikes on Iran raised concerns over inflation and interest rates.
Gold, Silver Rate Today: MCX gold price falls near ₹1.45 lakh per 10 grams, silver eases amid escalating US-Iran war
Gold, Silver Rate Today: Gold and silver prices in India opened lower on MCX, following weakness in global bullion prices, as escalation in the tensions between the US and Iran in the Middle East stoked inflation fears and lifted dollar.
Gold near one-week low, silver extends losses: Key factors behind the fall
Gold and silver prices fell due to a stronger US dollar, rising oil prices, and increased expectations of a September US Federal Reserve rate hike.
Gold, silver prices today: Comex gold and silver edge lower amid Middle East tensions, firm US dollar
Precious metals declined on 7 July amid rising tensions in the Middle East and ahead of Federal Reserve meeting minutes. Gold and silver futures fell sharply, continuously influenced by international geopolitical concerns and fluctuations in the US dollar and crude oil prices.
Gold, silver prices today: Comex gold tops $4,200, silver nears $64 as recovery rally extends; Fed minutes in focus
Gold and silver prices saw mild gains on 6 July, supported by easing concerns over a US Federal Reserve rate hike and a weakened US dollar. Gold futures rose to $4,215, and silver to $63.73, marking a recovery from prior losses.
Gold prices slip ₹150, silver declines ₹5,000 amid weak global cues
Gold prices slipped Rs 150 to Rs 1,50,650 per 10 grams in the national capital on Monday, and silver dropped Rs 5,000, as a sluggish global trend and a firm US dollar prompted traders to trim positions in precious metals. The precious metal of 99.9 per cent purity had closed at Rs 1,50,800 per 10 grams in the preceding session. Silver snapped its four-day rally, declining Rs 5,000 to Rs 2,40,000 per kilogram (inclusive of all taxes) from Friday's closing level of Rs 2,45,000 per kg, according to local dealers. Traders said the market remained range-bound as investors balanced lingering geopolitical risks in West Asia against a stronger greenback and expectations surrounding the US Federal Reserve's monetary policy. "Gold prices experienced a slight decline in the domestic markets on Monday, as investors navigated the complex landscape of Washington-Tehran relations while awaiting key inflation data from the US," said Gaurav Garg, Research Analyst at Lemonn Markets Desk. In the ...
Gold, silver trade volatile amid elevated dollar, easing US Fed rate hike bets; what should investors do?
Gold and silver prices witnessed some volatility in early trade on the MCX on Monday, 6 July, torn between easing concerns over US Fed rate hikes after softer-than-expected jobs data, and elevated dollar.
Gold, silver prices today: Comex gold and silver extend rally as weak US jobs data cools Fed rate hike fears
Gold and silver prices rose on 3 July as easing rate hike fears followed a weak US jobs report. Comex gold futures climbed to $4,208, while silver futures reached $63.50. Employment data indicated a slowdown, lowering rate-hike expectations and negatively impacting the dollar.
Hindustan Zinc shares jump 3%. Here are 3 reasons behind today's shine
Hindustan Zinc shares surged over 3% on Friday, adding approximately Rs 6,815 crore to its market value. This rally was fueled by a weaker US dollar, soaring silver prices, and a positive Q1 business update. The company reported its highest-ever first-quarter mined metal production, despite a slight dip in silver output. The stock's performance reflects a broader uptrend in metal stocks.
Coloured gemstones prices rise 20% as demand surges; gold, silver prices decline
Coloured gemstone jewellery is seeing a surge in popularity, with prices rising 20% year-on-year as affluent consumers favour these vibrant pieces over traditional gold and diamond items. This trend, driven by global influences and celebrity endorsements, has boosted demand by 30%, prompting jewellers to expand their inventories for the upcoming festive and wedding seasons.