Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Gold sinks to over six-month low; silver slips amid West Asia tensions
Gold prices hit six month lows as West Asia tensions lift oil, stoke inflation fears and raise bets on higher for longer US interest rates.
Silver ETFs slip up to 4%, gold ETFs 3% amid fall in precious metals
In the international market, Gold fell on Wednesday, as oil prices rose on renewed hostilities between the US and Iran, fuelling concerns about inflation and interest rate hikes.
Silver rate today slumps 2% to ₹2.34 lakh as dollar, oil prices surge amid escalating US-Iran tensions
MCX Silver rate fell almost 2% to ₹2,34,000 per kg, while, MCX Gold price lost 1.7% to ₹1,49,888 per 10 grams.
Gold rate today: MCX gold price slips below ₹1.5 lakh per 10 grams, silver price crashes by ₹4,500 per kg
Gold rate today: Gold prices in the international market slumped to an 11-week low, as the dollar and crude oil prices rose on renewed hostilities between the United States and Iran, raising concerns about inflation and interest rate hikes.
US Stocks slip as chip rally fades; Oil, gold and silver prices fall
US stocks fell as Middle East tensions rose after Donald Trump vowed a response to an Iran linked attack, tech led losses, oil and inflation worries grew, AI IPO hopes limited declines
Gold, silver rates today: Comex gold and silver edge higher as dollar retreats, oil eases
Precious metals fluctuated on 9 June, with gold rising $25 to $4,388 and silver up $0.6 to $69.18. Easing Middle East tensions and a weakening US dollar supported prices. Investors await key US economic data amid expectations of a Federal Reserve rate hike in December.
Gold, silver rates today: MCX gold dips on renewed inflation concern, US-Iran war in focus
Gold rate today: Following escalation in the US-Iran war, rising crude oil prices have put other assets under pressure, which includes gold and silver
Gold falls below $4,340 an ounce; silver sheds nearly 2.5%
Gold and silver prices fall as strong US data, higher Treasury yields and surging crude oil shift investor focus, with markets eyeing key global economic data.
Looking to buy? These 3 stocks deserve a spot in your portfolio; know why
Aakash Shah, technical research analyst at Choice Equity Broking, is bullish on the shares of Finolex Cables, Grindwell Norton, and Silver Touch
Gold Outlook: Middle East Tensions, Oil Prices, Inflation Data Key Drivers For Bullion This Week
In the global markets, Comex gold futures shed $227.7, or 5%, to end the week at $4,365 per ounce, while silver fell $6.77, or nearly 9%, to $69.10 per ounce.
West Asia crisis, oil prices key driver for gold this week: Analysts
Gold prices will remain sensitive to developments in West Asia, movement in crude oil prices, and a series of key economic data releases in the coming week, analysts said. Investors will monitor trade and inflation data from China and the US, mid-month Washington's consumer sentiment figures and India's Consumer Price Index (CPI) readings. The European Central Bank's monetary policy decision will also be in focus as market participants assess their impact on bullion and other commodities, they added. "Momentum for precious metals such as gold and silver still looks corrective," Pranav Mer, Vice President, EBG -- Commodity & Currency Research, JM Financial Services Ltd, said. Domestic commodity markets ended the week lower, with MCX gold futures for August delivery falling Rs 5,317, or 3.3 per cent, to Rs 1.55 lakh per 10 grams. Silver for July delivery fell Rs 18,461, or 7 per cent, to Rs 2.48 lakh per kilogram on the Multi Commodity Exchange (MCX). "Gold witnessed a weak ...
Smart money move: Why Groww MF's equity chief is betting on multicap strategies
Anupam Tiwari of Groww Mutual Fund warns of a potential oil shock. He believes a multicap strategy combined with bottom-up investing is suitable for current market conditions. Valuations in mid and small caps have improved, making active stock picking more viable. Tiwari highlights opportunities in financials, industrials, autos, and specialty chemicals.