Silver prices in India dipped sharply as reported on February 1 across all major cities. The price of one gram silver and one kg silver dipped ₹30 and ₹30,000, 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…
Gold and silver prices remained under pressure on Sunday afternoon following the Union Budget presentation, with traders attributing the decline primarily to global macro factors rather than Budget announcements, as both metals recovered partially from morning lows after hitting lower circuits. MCX gold futures traded 5 per cent lower after a modest intraday recovery, having…
Gold witnessed one of its sharpest corrections in decades on Friday, plummeting nearly 16 per cent from record highs above $5,480-$5,626 to trade around $4,745-$4,887 per ounce, as aggressive profit-booking followed the nomination of Kevin Warsh as the next US Federal Reserve Chair. On the Multi Commodity Exchange (MCX), gold retreated from peaks near ₹1,80,000…
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…
