Gold prices started the week on a negative note, declining by Rs 2,225 to Rs 1.56 lakh per 10 grams in the futures trade on Monday amid a bearish sentiment in the overseas markets and a strong US dollar. On the Multi Commodity Exchange, gold futures for April delivery depreciated by ₹2,225, or 1.4 per…
The dollar has nudged lower, making greenback-priced commodities such as bullion cheaper for holders of other currencies | Photo Credit: iStockphoto Gold edged lower on Monday, weighed down by waning hopes of near-term US interest-rate cuts due to elevated energy prices, while a softer dollar helped limit losses. Spot gold was down 0.2 per cent…
Gold and silver prices in India have remained volatile in recent weeks, reflecting the interplay of global macroeconomic signals and geopolitical tensions. On the Multi Commodity Exchange (MCX), gold for April futures had earlier opened 0.6 per cent lower at ₹1,60,651 per 10 gm compared with its previous close of ₹1,61,634, while silver for May…
The National Stock Exchange (NSE), which has announced introduction of Gold 10 grams Futures contracts in Commodity Derivatives Segment, has said that it would be available for trading in Commodity Derivatives segment with effect from March 16, 2026. | Photo Credit: hallojulie The National Stock Exchange (NSE), which has announced introduction of Gold 10 grams…
The growing trade deficit of India, which recently touched $34.68 billion due to a sharp increase in gold imports, has again brought an old challenge into focus. While monthly trade data often triggers reactive policy debate, the issue lies not in the import surge but in the structure of consumption, savings, and exports in India….
American currency Dollar and Gold ingot combinations. Close up for dollar and gold ingot | Photo Credit: DoganKutukcu Gold prices fell by Rs 1,904 on Friday to Rs 158,399 per 10 grams against Rs 160,303 on Thursday due to a weak trend in the global markets. The yellow metal prices have retreated for a second…
The resumption of some flights from Dubai has allowed gold flows from this major global trading hub to partially resume this week, three sources familiar with the matter told Reuters on Friday. Deliveries of physical gold to and from Dubai – a major hub supplying Switzerland, Hong Kong and India – have been affected since…
Silver price plunged by ₹5,354 to ₹2.62 lakh per kilogram in the futures trade on Friday as rising crude oil prices and persistent inflationary concerns weighed on the investor sentiment. On the Multi Commodity Exchange, the white metal for May delivery slumped by ₹5,354, or 2 per cent to ₹2,62,608 per kilogram in a business…
Gold discounts in India widened this week to their deepest point in nearly a decade as demand stayed subdued and some traders steered clear of paying import duties, while escalating Middle East tensions boosted safe-haven demand in China. “A few importers (to India) are declaring gold as platinum-studded jewellery at customs even though it contains…
See also: | Photo Credit: scanrail Gold prices rose on Friday, supported by a weaker dollar and softer U.S. Treasury yields, but were on track for a second consecutive weekly drop as rising energy prices dimmed prospects for near-term U.S. interest rate cuts. Spot gold was up 0.8% at $5,118.75 per ounce, as of 0234…
