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Govt Hikes Gold, Silver Base Import Prices Three Days After Cut
This is the second import duty hike on Gold in two months as last month the government hiked import levies on gold and silver to 15% to curb non-essential imports.
Gold, Silver ETFs Jump Up To 4% As Iran-US Peace Deal Triggers Bullion Rebound
Analysts attributed the recovery in Gold, Silver ETFs to easing geopolitical tensions and supportive macroeconomic conditions.
Gold, silver gain in MCX trade on US-Iran peace deal optimism
Gold and silver prices rebound on MCX as easing West Asia tensions, softer crude and a weaker US dollar lift bullion, with traders eyeing Fed rate signals.
Silver prices jump ₹6,000 to ₹2.52 lakh/kg amid easing West Asia tensions
Silver prices rallied by Rs 6,066 to Rs 2.52 lakh per kilogram in futures trade on Monday as easing geopolitical tensions in West Asia and a weaker US dollar improved sentiment in the bullion market. On the Multi Commodity Exchange, the white metal for July delivery surged Rs 6,066, or 2.46 per cent, to Rs 2,52,252 per kilogram in a business turnover of 11,420 lots. In the past week, silver fell Rs 2,351, or nearly 1 per cent, to Rs 2.46 lakh per kg. The rebound comes after US and Iranian officials announced that they had reached an initial agreement to end the conflict, lift the US naval blockade on Iran and reopen the Strait of Hormuz, a key route for global energy supplies. In a post on Truth Social, US President Donald Trump said, "The deal with the Islamic Republic of Iran is now complete," adding that he had authorised the reopening of the Strait of Hormuz and the immediate removal of the US naval blockade. In the international markets, Comex silver futures for July contract
Silver Price Today: MCX Silver Soars Rs 6,000 To Rs 2.52 Lakh As US-Iran Tensions Ease
MCX Silver July Futures rose 2.54% or Rs 6,261 to Rs 2,52,447 per kg as US and Iran tensions eased.
Silver soars Rs 7,200/kg; gold prices surge Rs 3,300/10 gm as Iran-US reach peace agreement. Time to buy precious metals?
Gold and silver prices surged sharply on MCX after a preliminary Iran-US peace agreement weakened the dollar and eased oil prices. Silver jumped Rs 7,200/kg while gold rose Rs 3,300/10 gm. Analysts see further upside, with key support and resistance levels guiding near-term trading strategies.
Gold Price Today: MCX Gold Jumps Rs 2,500 To Rs 1.51 Lakh After US-Iran Deal Announcement
MCX gold July futures contract jumped 1.69% or Rs 2,500 to Rs 1,51,237 per 10 grams, while the MCX silver July futures climbed 2.54% or Rs 6,261 to Rs 2,52,447 per kg.
Gold rate today: MCX gold price above ₹1.53 lakh per 10 grams, silver price jumps over 2% after US-Iran peace deal
Gold rate today: Gold prices jumped over 2% as the dollar sank after the announcement of the US-Iran peace deal. The US and Iranian officials agreed on a framework to end their war in the Middle East, halt the US blockade of Iran and reopen the Strait of Hormuz.
Gold Rate Today: Check 24K, 22K Rates In Mumbai, Delhi, Bengaluru And Other Cities After US-Iran Peace Deal
Check gold, silver prices in Mumbai, Bengaluru, Chennai, Hyderabad, Delhi, Kolkata and other cities on June 15.
Gold price falls ₹10 to ₹1,49,070; silver down ₹100, trading at ₹2,59,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,36,640
COMEX gold jumps over 2%, silver rallies 3.5% amid softer dollar and lower oil prices
Gold and silver rally as a weaker US dollar, falling oil prices and easing inflation expectations boost precious metals, outlook hinges on West Asia peace.
Dow futures jump 350 points after Donald Trump says Iran deal 'complete'; Oil prices fall
Along with equity markets, asset classes such as gold and silver are also surging as hopes of inflation falling on account of the US-Iran peace deal will ensure that the US Federal Reserve will not hike interest rates this year, even if they do not go about cutting them.