In the international market, the March silver futures contract jumped by $5.81, or 6.56 per cent, to hit a record of $94.35 per ounce. | Photo Credit: istock.com Silver prices surged on Monday to breach the record ₹3 lakh-per-kg mark in futures trade for the first time, riding on strong investor demand and positive global…
Gold price is expected to maintain its upward momentum in the coming week, driven by safe-haven demand and expectations of policy easing by the US Federal Reserve, while silver may witness consolidation after a stellar rally, according to analysts. Investors’ attention will turn to a string of key global macroeconomic data, including inflation figures from…
Over the last 12 months, the gold price in India has increased by over 76 per cent. Despite the increase, India’s love for gold shows no indication of slowing down. Unlike a few years ago, when gold was held in physical forms such as jewellery, coins and bars, investors/purchasers are now moving to modern ways…
Even as the demand for natural diamond jewellery continues to surge, across the Indian market, the focus on diamonds is no longer limited to cut, clarity or carat. The conversation has evolved, way beyond those limited questions, to include an interest in sourcing and origins. Consumers now seek deeper knowledge and understanding of what they…
Silver futures have topped $100 an ounce on the Shanghai Futures Exchange (SHFE), even as the white precious metal closed at a record high of ₹2,81,890 a kg in the Mumbai spot market. On SHFE, silver March futures closed at 22,539 yuan a kg ($100.63 an ounce) after rising to a record high of 23,710…
In the international market, both silver and gold corrected during Asian trading hours. Silver futures ended their five-day record-breaking rally and declined by ₹4,027 to ₹2,87,550 per kg on Friday, while gold prices slipped to ₹1,42,601 per 10 grams as investors booked profits tracking weak global trends and a stronger US dollar. On the Multi…
The tariff pause appears to be just a minor speed bump for silver, rather than a serious threat to a rally that’s seen it triple in value over the past year. Silver dropped on Friday after the US refrained from putting import tariffs on critical minerals, but was still up 15 per cent for the…
In the previous session, gold bullion hit a record $4,642.72. Gold slipped on Thursday as investors booked profits after the yellow metal hit a record in the previous session, while an apparent softer tone from US President Donald Trump on the Federal Reserve chair and Iran also dampened safe-haven demand. Spot gold was down 0.7…
Precious metals will likely witness two different halves this year, with prices rising in the first and tapering off in the second, says UBS precious metal experts. “In the first half, gold could rise to $5,000 an ounce and silver to $100 an ounce. In the second half, gold could be around $4,500 and silver…
On Wednesday, silver surged to $91.48 before slipping below $90. At 1230 hours IST, silver ruled at $89.82 an ounce | Photo Credit: istock.com The precious metal complex continued to sparkle with silver heading towards a historic ₹3 lakh per kg, and gold towards ₹1.5 lakh per 10 gm as prices in the global market…
