Markets trade marginally higher after muted start
Equity benchmark indices Sensex and Nifty were trading marginally higher in the morning trade on…
Globally, silver was trading 2.01% lower at $72.39 per ounce in New York. Silver prices on Friday fell by ₹5,811 to ₹2,58,985 per kilogram as participants reduced their bets. On the Multi Commodity Exchange, silver contracts for July delivery declined by ₹5,811, or 2.19 per cent, to ₹2,58,985 per kg in a business turnover of…
Globally, gold futures declined by 0.58% to $4,449.01 per ounce in New York. Gold prices on Friday dropped ₹1,536 to ₹1,58,011 per 10 grams in futures trade amid a fall in spot demand. On the Multi Commodity Exchange, gold contracts for the August delivery traded lower by ₹1,536, or 0.96 per cent, at ₹1,58,011 per…
Gold prices fell on Friday, and were poised for a weekly loss, as tensions in West Asia dampened hopes for a US-Iran peace deal amid rising inflation and interest rate-hike fears. Spot gold was down 0.5 per cent at $4,452.20 per ounce, as of 0225 GMT. It has fallen about 1.8 per cent for the…
India’s physically backed gold exchange-traded funds (ETFs) recorded their first net monthly outflow in a year in May, as investors booked profits following a sharp rise in prices triggered by higher import duties, data showed on Thursday. The outflow could reduce import demand in the world’s second-largest gold consumer, helping narrow the trade deficit and…
Lump-sum purchases and switch-ins into HDFC Gold ETF Fund of Funds will be processed only up to Rs ₹10 lakh per PAN per calendar month HDFC Asset Management Company, one of the largest mutual fund houses, has imposed temporary restrictions on large lump-sum investments in its gold exchange traded fund and gold ETF Fund of…
Gold prices down in India | Photo Credit: K K Mustafah Gold prices in India saw decrease today across all cities. The price for 8 grams of 24-carat gold also dropped in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: Gold prices in…
Silver prices dropped by Rs 621 to Rs 2.62 lakh per kilogram in futures trade on Thursday amid weak global trends and concerns that elevated crude oil rates could keep interest rates higher for longer by central banks. On the Multi Commodity Exchange, the white metal for July delivery depreciated by Rs 621, or 0.24…
The Bureau of Indian Standards (BIS) is examining the regulatory framework and infrastructure readiness required to make hallmarking of silver jewellery and artefacts mandatory, Director General Sanjay Garg said on Thursday. Silver hallmarking has been voluntary since 2005 and from September 2025 onwards, hallmarked silver articles carry a Hallmark Unique Identification (HUID) number, enabling buyers…
Gold prices climbed by ₹926 to ₹1.59 lakh per 10 grams in futures trade on Thursday, driven by fresh buying by traders amid geopolitical uncertainties and a firm trend in the overseas markets. On the Multi Commodity Exchange, the yellow metal for August delivery appreciated by ₹926, or 0.58 per cent, to ₹1,59,445 per 10…
Gold prices gained on Thursday, supported by lower crude oil prices and a weaker dollar, as investors assessed renewed expectations for a resolution to the US-Israeli war with Iran. Spot gold was up 0.7% at $4,461.09 per ounce, as of 0218 GMT. U.S. gold futures for August delivery gained 0.5% to $4,487.90. The dollar eased,…