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Gold prices on the Multi Commodity Exchange (MCX) surged past the ₹1 lakh-mark on Friday, driven by robust safe-haven demand following a sharp escalation in geopolitical tensions between Israel and Iran. Renewed conflict in the Middle East, expectations of interest rate cuts, and a risk-off sentiment across financial markets collectively contributed to the rally in…
Gold, silver prices in your city, June 14: The MCX gold prices rose on Friday, crossing the ₹1 lakh mark as investors pinned hopes on the yellow metal amid the escalating geopolitical conflict in the Middle East, as Israel carried out airstrikes on Iran. Gold prices are anticipated to draw further attention ahead the US…
Gold rate today: Gold prices on the MCX started Friday on a strong note, mirroring the uptrend in global bullion markets amid escalating geopolitical tensions in the Middle East, which boosted demand for the yellow metal as a safe haven. Silver prices continued to rise as well. MCX gold opened with a gain of ₹1,108…
View Full Image Source: Equitymaster However, there was a change in sentiment over the weekend, and the bulls don’t seem very confident any longer. Why is that? Let’s explore the reasons for the recent dip. Reasons for the correction First things first. The price of gold hasn’t fallen much – it’s down only about 2%…
Gold, silver prices in your city, June 12: Gold rates are in the green today as US President Donald Trump asserted that he would send out tariff letters to trading partners within two weeks, and due to geopolitical tensions in the middle-east. Buying interest increased after the US ordered some embassy staff to depart Baghdad…
Gold, silver prices in your city, June 10: Hopes for a trade deal between the US and China have lowered gold from recent highs. This comes as Reuters reported that three of Donald Trump’s aides met with Chinese counterparts to discuss ways to resolve the dispute. Overall, experts feel that commodities (gold and silver) have…
New Delhi, Jun 9 (PTI) Silver prices soared ₹1,000 to hit a fresh peak of ₹1,08,100 per kilogram in the national capital on Monday, in line with firm global cues, according to the All India Sarafa Association. On Saturday, the metal traded flat at ₹1,07,100 per kg (inclusive of all taxes). Prior to that, the…
US and China set for trade talks in London US dollar down 0.3% against a basket of peers Platinum hits four-year high June 9 – Gold prices rose on Monday, supported by a weaker U.S. dollar ahead of U.S.-China trade talks aimed at resolving tensions, while platinum extended gains for a sixth straight session to…
Gold, silver prices in your city, June 9: The prices of the yellow metal have moderated following the weak US economic data prior to the decision of the Federal Reserve on benchmark interest rates and US President Donald Trump’s discussions with Chinese counterpart Xi Jinping. Gold prices have risen by nearly 30 per cent year-on-year…
Gold, silver prices in your city, June 8: Gold prices have moderated after weak US economic data ahead of the Federal Reserve’s near-term interest rate decision and amid news of US President Donald Trump’s phonecall with Chinese counterpart Xi Jinping. According to Prathamesh Mallya, DVP- Research, Non-Agri Commodities and Currencies at Angel One, the yellow…