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Gold prices surged to fresh lifetime highs on Wednesday as a sharp fall in the US dollar and renewed geopolitical tensions drove strong safe-haven demand, while silver extended its record-breaking rally in futures trade.On the Multi Commodity Exchange (MCX), gold futures for the February contract rose Rs 4,730, or 3 per cent, to touch a…
Gold and silver prices continued to scale lifetime highs on Wednesday, lifted by safe have demand amid ongoing geopolitical tensions. The precious metals continued to reach record levels on the Multi-Commodity Exchange(MCX) as the white metal nears the Rs 4 lakh mark and gold jumps 3%.The momentum comes just ahead of the US Federal Reserve’s…
Gold price prediction today: Gold and silver prices are likely to hit fresh highs in the coming days, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. He shares his outlook for gold and silver prices in the coming days: Source link
Mumbai: Prices of gold and silver jumped to record highs in the domestic market on Tuesday following international price trends over the extended weekend in India as investors globally continued to shift to haven assets as geopolitical tensions remained at elevated levels. For silver in particular, rising demand from several of the fast-growing industries like…
China may be sitting on one of the largest gold finds ever recorded, worth $83 billion (AI-Generated) China’s geological authorities are assessing findings that point to unusually large gold resources in the country’s northeast and central regions. Exploration work has brought renewed attention to the Dadonggou gold deposit in Liaoning province, alongside another major site…
Gold and silver futures jumped to a new lifetime high on Tuesday, buoyed by safe haven demand amid ongoing geopolitical tensions. On the Multi-Commodity Exchange (MCX) gold for February 5 delivery soared Rs 2,522 or 1.62%, to trade at Rs 1,58,559 per 10 grams, climbing Rs 2,522 or 1.62%, after briefly touching a record Rs…
Gold smashed through the $5,000-an-ounce threshold for the first time, extending a breakneck rally fuelled by US President Donald Trump’s reshaping of international relations and investor flight from sovereign bonds and currencies.Bullion jumped as much as 2.5% to more than $5,111 on Monday, as dollar weakness reinforced demand. A gauge of the greenback has fallen…
US stocks opened with modest gains on Monday as investors turned their focus to a busy earnings calendar and the upcoming policy meeting of the US Federal Reserve, while gold surged past the $5,000-an-ounce mark for the first time.The S&P 500 rose 0.4% in early trade, coming off its second consecutive weekly loss. The Dow…
Superstar Rajinikanth honored Madurai’s Rs. 5 parotta seller, Rajini Sekar, by gifting him a gold chain and inviting him to his Chennai home. Sekar’s dedication to serving the poor despite rising costs caught the actor’s attention. Rajinikanth praised Sekar’s noble act, highlighting the pride such fans bring to their idols. Superstar Rajinikanth has not just…
With gold and other assets accounting for a growing share of reserves, India’s strategy echoes steps taken by bigger holders such as China. (AI image) In a big shift for one of the top five largest economies, India’s holdings of US Treasuries have seen a drop, sliding to the lowest level in five years. The…
