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Gold, Silver Prices On July 9: Check Rates In Mumbai, Delhi, Chennai, Kolkata, Bangalore, Hyderabad
Gold and silver prices increased in the global market as safe-haven demand returned
Gold prices fall to Rs 1.43 lakh/10 grams, silver dips Rs 15,000 in 4 days as Iran war raises inflation worries. Time to exit?
Gold and silver prices extended losses for a fourth straight session on Thursday, pressured by renewed geopolitical tensions, higher oil prices and concerns over inflation and interest rates. Analysts expect continued volatility and advise investors to accumulate precious metals gradually during the ongoing correction.
TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buying
India's largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience significant market value losses. The fund manager's conviction rests on current cash flows rather than future AI narratives. While AI disruption pressures revenue, it also creates new technology spending opportunities. The sector is no longer considered expensive, but earnings visibility remains a concern.
Gold Price Today: MCX Gold Trades Lower At Rs 1.43 Lakh As US-Iran Tensions Escalate
MCX gold August futures contract dipped 0.14% to Rs 1,43,350 per 10 grams, while the MCX silver September futures dropped 0.63% to Rs 2,22,026 per kg
Gold, silver prices decline on MCX as US-Iran tensions fuel Fed rate hike expectations
MCX gold August futures declined 0.30% to ₹1,43,275, while MCX silver September futures dropped 0.76% to ₹2,21,749 per in morning trade.
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.
India silver import curbs create shortages, push premiums to six-month high
India's silver import restrictions have caused significant shortages in the domestic market. Premiums have surged to their highest levels in six months due to these curbs. May imports saw a drastic fall from the previous year's figures. These measures aim to ease pressure on foreign exchange reserves and the rupee. Domestic supplies are now largely dependent on local production.
India silver import curbs create shortages, push premiums to six-month high
India's silver import restrictions cause shortages, pushing premiums to 6-month highs despite weak demand. This could weigh on global prices, but narrow India's trade deficit and ease rupee pressure.
Gold, Silver ETFs Tumble Up To 3% As Trump's Iran MoU Walkout Pushes Oil Rates Higher
The republican President called Tehran "dirty players" and declared the ceasefire between the two countries effectively over, while speaking in Ankara, where he is attending the NATO summit.
Gold Falls By Rs 2,000, Silver Slumps Rs 7,000 On MCX After Trump Says Iran Ceasefire Is Over
MCX gold August futures contract fell 1.5% or Rs 2,240 to Rs 1,43,037 per 10 grams, while the MCX silver September futures dipped 3.17% or Rs 7,307 to Rs 2,23, 550 per kg.
Silver Touch Tech climbs after bagging AI project from RITES
Silver Touch Technologies rallied 4.69% to Rs 189.55 after the company secured an order from Rites to develop artificial intelligence (AI)-based detailed project report (DPR) appraisal & intelligence platform, PARAKH.