Latest News, Updates & Breaking Headlines
MCX Gold has the potential to move toward the 137,000 level in the coming sessions. (AI image) Gold and silver price prediction today: Gold prices are reaching new highs and continue to trade with a bullish bias. Silver is also sending strong positive signals, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients…
Silver prices jumped to a fresh lifetime high in futures trade on Wednesday, tracking a strong global rally driven by tight supply conditions and expectations of US interest rate cuts next year.On the Multi Commodity Exchange (MCX), silver futures for March contract surged by Rs 8,356, or 4.2%, to hit a record ofRs 2,06,111 per…
Gold and silver prices moved in opposite directions on the Multi Commodity Exchange (MCX) on Wednesday, with silver scaling fresh record highs while gold edged lower after an early uptick.Gold futures traded lower after opening on a positive note. The February delivery contract fell by Rs 359, or 0.27%, to Rs 1,34,050 per 10 grams,…
Gold prices declined in futures trade on Tuesday as traders booked profits and turned cautious ahead of the outcome of the US non-farm payrolls report, which is expected to offer fresh cues on the US Federal Reserve’s interest rate path. On the Multi Commodity Exchange (MCX), gold futures for February delivery slipped by Rs 341,…
Gold price prediction today: Gold prices are poised for a rise, supported by a weak rupee and a dovish Federal Reserve. Despite some volatility, the yellow metal found strength from the Fed’s rate cut and bond-buying plans. Source link
Gold prices surged to a fresh all-time high in futures trade on Monday, rising Rs 1,874 to Rs 1,35,496 per 10 grams, supported by strong cues from global markets. On the Multi Commodity Exchange (MCX), February gold contracts climbed 1.4%, extending their weekly gains to Rs 3,160, or 2.42%. The rally mirrored firm trends overseas,…
Gold remains supported amidst steady US yields, falling dollar index and rupee depreciation. (AI image) Gold price prediction today: Gold prices are well supported and the bias remains on the higher side, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. He shares his views and recommendations for gold investors:Silver continues…
Sobhita Dhulipala showcased a striking deep magenta saree, highlighting her growing connection with Indian handlooms and her collaboration with Aadyam. Her thoughtful styling, featuring silver jewellery and a clean beauty look, emphasized craft and meaning over trends. The post resonated with its honest portrayal of supporting artisans and weaving communities. Sobhita Dhulipala doesn’t just wear…
Gold and silver are expected to prolong their record-setting surge in the coming week as traders turn their attention to a heavy line-up of global inflation data and macroeconomic indicators that will shape central bank policy expectations, analysts said. The focus will be on inflation prints from India, the US, Europe and the UK, along…
India’s foreign exchange reserves rose by USD 1.033 billion to USD 687.26 billion in the week ended December 5, the Reserve Bank of India (RBI) said on Friday. This comes after the previous reporting week saw a decline of USD 1.877 billion, PTI reported. According to the RBI’s weekly statistical data, foreign currency assets —…
