In the overseas market, Comex silver futures extended its rally for the third straight day, rising by $1.23, or 1.6% to $78.87 per ounce. Silver prices rallied ₹4,357 to ₹2.45 lakh per kg in the futures trade on Friday, driven by firm global trends amid rising tensions between the US and Iran. On the Multi…
FILE PHOTO: Gold bangles are displayed at a jewellery store in Mumbai. | Photo Credit: FRANCIS MASCARENHAS Gold prices in India saw a decrease in all key cities today on February 20. The price for 8 grams of 24-carat gold also dropped in all cities compared with the previous session. Below is a detailed breakdown…
Gold rose 1 per cent to $5,006 per ounce, silver jumped 3.8 per cent to $78.3 per ounce, and Brent crude climbed 5 per cent to $71.9 per barrel on Friday morning, as the collapse of US-Iran talks reignited military tensions and drove fresh safe-haven buying across commodity markets. Brent crude touched its highest level…
Gold steadied near $5,000 an ounce, after two days of gains, as traders weighed rising geopolitical risks in the Middle East. US President Donald Trump said 10 to 15 days were “pretty much” all he would allow for negotiations on a nuclear deal with Iran, as American forces amassed in the region in their biggest…
MCX, the country’s largest commodity derivatives exchange and the largest stock exchange NSE, have removed the additional margin levied on gold and silver futures contract with the prices cooling off in the last few weeks. The additional margin of 3 per cent levied in Gold Futures (all contracts of all variants) and 7 per cent…
Anan Jewels director Ankita Kothari Bangkok-based Anan Jewels plans to expand its operations n India, after having set up a manufacturing unit in Mumbai two years ago, its director Ankita Kothari said. “We are growing every day. Just two years ago, we moved to this current building and now with the current market demands and…
MCX, the country’s largest commodity derivatives exchange and the largest stock exchange NSE, have removed the additional margin levied on gold and silver futures contract with the prices cooling off in the last few weeks. The additional margin of 3 per cent levied in Gold Futures (all contracts of all variants) and 7 per cent…
Gold was little changed after a two-day decline, with many Asian markets offline for the Lunar New Year holiday. Bullion was near $4,880 an ounce in early trading, having lost more than 3 per cent over the previous two sessions, when the US dollar strengthened. Trading has been unusually choppy since a historic rout at…
Precious metals declined for the second consecutive day to high a 10-day low on Tuesday on profit-booking, after a sharp rally in the past few months. Most importantly, gold dropped below $4,900 an ounce and silver to $72 an ounce. In the domestic market, the yellow metal declined by Rs 2,233 or one per cent…
Gold prices drop on February 17 | Photo Credit: SAHIBA CHAWDHARY Gold prices in India saw a decrease in all key cities today on February 17. The price for 8 grams of 24-carat gold also dropped in all cities compared with the previous session. Below is a detailed breakdown of gold prices in key cities….
