Indian gold and silver futures continued to decline on Sunday, when trading was open for the Budget day. At 1245 hours, gold April futures on MCX dropped by ₹5,481 to ₹1,46.864 per 10 gm. Silver March futures plunged by ₹26,125 to ₹2,65,800 a kg. The price fall in the futures market is in line with…
Silver endured extreme volatility on Friday, plunging nearly 40 per cent from record highs above $118-$121 per ounce to around $74-$85, triggering lower circuit limits across all Silver Exchange Traded Funds (ETFs) in India. On the Multi Commodity Exchange (MCX), silver corrected aggressively from peaks near ₹4,20,048 per kilogram to around ₹2,91,000-₹2,91,925. “Due to the…
The Bombay Stock Exchange has modified the reference price calculation for gold and silver exchange-traded funds effective February 1, 2026, shifting to T-1 net asset value as the basis for daily price bands instead of previous day’s closing prices. The change, announced through Notice, comes as precious metals witnessed extreme volatility with gold futures plunging…
Silver prices collapsed 19 per cent to Rs 3.12 lakh per kg in the national capital on Saturday, while gold plunged 2 per cent to Rs 1.65 lakh per 10 grams, as investors booked profits amid a global selloff triggered by a stronger US dollar. According to the All India Sarafa Association, silver nosedived Rs…
FILE PHOTO: Gold rates today. | Photo Credit: AMIT DAVE Gold prices in India saw a decrease as reported today across most cities. 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. Gold rates in…
The sell-off echoed the 1980 “Silver Thursday” collapse, as investors booked profits amid shifting global macroeconomic signals. The precious metals complex had its worst day since March 27, 1980, while gold and silver prices recorded their largest single-day decline in the Indian futures market on Friday. Silver futures dropped below ₹3 lakh a kg, while…
Silver prices in India dipped sharply as reported on January 31 across all major cities. The price of one gram silver and one kg silver dipped ₹65 and ₹65,000, respectively compared with the previous session’s closing price. This report provides a detailed, city-by-city breakdown of the latest silver prices. Market experts remain constructive on silver…
All the metals nosedived, silver over 18 per cent, and as a fallout, exchange-traded funds (ETFs) of gold and silver plunged 9-12 per cent and 18-23 per cent, respectively | Photo Credit: wydynd The precious metals complex plunged on Friday with investors booking profits, as they saw no more confrontation between US President Donald Trump…
Silver declined on Friday, settling below $116 per ounce after touching a record high of $121.6 earlier in the week, as traders booked profits following an aggressive rally. On the Multi Commodity Exchange (MCX), silver fell nearly 6 per cent intraday to around ₹3,75,900 per kilogram after printing record highs near ₹4,20,048. The pullback comes…
FILE PHOTO: Gold prices today, January 30 across Indian cities | Photo Credit: ARKO DATTA Gold prices in India saw decrease today across all cities except Chennai. 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…
