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MUMBAI: Last month’s unprecedented rally in gold and silver helped net inflows into exchange traded funds (ETFs) for these two precious metals to outpace net inflows into equity funds for the first time ever. In Jan, compared to net inflows of about Rs 33,000 crore in gold and silver ETFs together, net inflows in equity…
Silver prices fell sharply by Rs 7,500, or nearly 3 per cent, to Rs 2.64 lakh per kilogram in the national capital on Tuesday, while gold moved in the opposite direction, rising Rs 2,200 per 10 grams amid a firm US dollar.According to the All India Sarafa Association, silver dropped to Rs 2,64,500 per kg…
The value of gold with Indian households has seen a big jump due to the rally in gold prices which has beaten all analyst expectations. (AI image) Did you know that the value of household gold with Indians is more than the size of India’s GDP? With gold prices skyrocketing in recent years, the value…
Silver prices surged more than 6 per cent to Rs 2.72 lakh per kilogram in the national capital on Monday, while gold climbed nearly 1 per cent to Rs 1.58 lakh per 10 grams, supported by firm global trends and a weaker US dollar.According to local marketmen, silver rose Rs 17,000, or 6.66 per cent,…
Mumbai: Friday’s sharp slide in silver and gold prices could be due to profit taking by investors post an unprecedented rally that came on the back of the recent strengthening of the dollar against major currencies. For long term investors this could be a time to rebalance their portfolio, with exposure to the two precious…
Silver and gold extended their glittering rallies on Thursday, hitting record levels on the Multi Commodity Exchange (MCX) as investors flocked to safe-haven assets amid ongoing geopolitcal tensions. For the first time in MCX history, silver jumped past Rs 4 lakh per kg, while gold futures moved within striking distance of Rs 1.8 lakh per…
As the Union Budget 2026 is drawing closer, India’s precious metal refiners are have laid out their expecations from the finance minister. The sector is seeking relief from the current duty structure that favours importers as compared to local refiners, through free trade agreements. MMTC-PAMP managing director and CEO Samit Guha the duty gap has…
Silver prices surged to an all-time high of $100 an ounce on Friday, crossing the milestone level for the first time as investors flocked to safe-haven assets amid growing uncertainty surrounding the policies of US President Donald Trump, according to AFP.The precious metal touched a record $100.29 per ounce in trade, extending a rally that…
Why Rich Dad Poor Dad author thinks silver is superior to gold (Picture credit: X/@theRealKiyosaki, Google Gemini) Financial author Robert Kiyosaki on Thursday took to X to highlight silver’s rising importance in the global economy, describing it as “superior” to gold in the Technology Age. In his post, Kiyosaki wrote, “Gold and silver have been…
Gold price today: Gold prices on Wednesday surged to a record while silver continued trading just marginally below its all-time high. This rally in the precious metals came as investors rushed towards safe-haven assets amid the ongoing geopolitical and trade related uncertainity.The surge in precious metals came after the US Supreme Court delayed the decision…
