On MCX, gold for April delivery was down 3 per cent at ₹139,542 per 10 g Gold prices crashed 5 per cent or ₹7,649 to ₹1,39,569 per 10 grams against ₹147,218 on Friday, largely taking cues from the global markets where it witnessed the sharpest monthly fall since 1975. Similarly, silver plunged 6 per cent…
At the interbank foreign exchange, the local unit opened at 93.84 and kept losing ground throughout the day, before breaching the 94-mark against the U.S. dollar for the first time to settle at 94.03 (provisional), down 50 paise from its previous close. | Photo Credit: Reuters The rupee breached the 94/dollar barrier for the first…
The sharp fall in precious metal prices reflects the impact of global economic conditions, rising interest rate expectations and geopolitical tensions on investor sentiment. Representational file image. | Photo Credit: Reuters Gold and silver prices in the domestic market witnessed a sharp decline of more than 7% on Monday (March 23, 2026) amid ongoing tensions…
New Delhi, March 23 Gold prices plummeted sharply by more than 10 per cent to ₹1.29 lakh per 10 grams in futures trade on Monday amid a global sell-off in precious metals driven by macroeconomic pressures. On the Multi Commodity Exchange, the yellow metal dived by ₹14,897, or 10.3 per cent, to ₹1,29,595 per 10…
Shares of gold loan financiers came under pressure on Monday, March 23, as a sharp decline in bullion prices dampened investor sentiment across the sector. Stocks of Manappuram Finance and Muthoot Finance fell over 5 per cent during morning trade, mirroring weakness in gold prices. Manappuram Finance Ltd. shares declined 3 per cent on the…
For decades, buying U.S. stocks has been a Herculean task for most Indian investors. Strict remittance rules, a maze of paperwork, an arduous hunt for reliable and cost-effective overseas brokers, steep account-opening charges and the list of challenges goes on. On top of that, there are lingering concerns over overseas shareholdings’ safety. With technological advances,…
Gold prices plunged sharply by ₹8,089 to ₹1.36 lakh per 10 grams in futures trade on Monday, tracking a global selloff amid rising inflation fears and a firm US dollar. On the Multi Commodity Exchange, the yellow metal for April delivery slumped by ₹8,089, or 5.6 per cent, to ₹1,36,403 per 10 grams. Last week,…
Image used for representation purpose only. | Photo Credit: AP Asian shares dipped on Monday (March 23, 2026) , as oil prices continued to climb after US President Donald Trump’s latest comments dashed hopes for an early end to the war in Iran. South Korea’s Kospi dove 6.5% to 5,404.77. Hong Kong’s Hang Seng slipped…
Domestic consumption and gems and jewellery exports are expected to face stress from higher inflation and USD strength. Experts recommend a sell-on-rallies approach, with gold resistance at ₹1,52,000 and silver at ₹2,60,000, signaling continued downside pressure in the near term. | Photo Credit: iStockphoto Gold and silver contracts on the Multi-Commodity Exchange hit lower circuits…
Image used for representation purpose only. | Photo Credit: Reuters Silver prices nosedived to hit their lower circuit in futures trade on Monday (March 23, 2026), tumbling by ₹20,409 to ₹2.06 lakh per kilogram amid weak global trends and sustained selling pressure. On the Multi Commodity Exchange, silver for May delivery slumped Rs 20,409, or…
