Gold Price Today: Gold prices surge by Rs 2,200/10 gm this week, silver up by Rs 3,300/kg

 12 Dec 2024 09:29 AM

Gold and silver opened lower but gained significantly over the week. US inflation met expectations, and the Bank of Canada cut interest rates. These factors, along with global tensions, boosted precious metals. An expert predicts continued volatility but also potential for new highs. Specific support and resistance levels were provided for gold and silver at MCX.

Gold Rate Today: Yellow metal dips to Rs 76,980/10 grams as investors await US payrolls data; Silver at Rs 92,026kg

 05 Dec 2024 10:55 AM

As of 10:01 am, February gold futures on MCX dipped 0.15% to Rs 76,980 per 10 grams, while March silver futures fell 0.29% to Rs 93,026 per kg. Spot gold held steady at $2,647.17/oz, and US gold futures edged down 0.2% to $2,671.10.

Gold Rate Today: Gold prices trade flat ahead of Fed Chair's speech, US payrolls report

 04 Dec 2024 11:17 AM

As of 10:10 am, February gold futures on the MCX were priced at Rs 76,871 per 10 grams, marking a slight decline of Rs 32 or 0.04% from the previous session's close. In contrast, March silver futures traded at Rs 92,219 per kg, up by ₹22 or 0.02%.

Gold Rate Today: Yellow metal slips on stronger US dollar, profit-taking; Silver falls by Rs 1,000 per kg

 02 Dec 2024 10:28 AM

On Monday, gold prices fell due to a stronger US dollar and profit-taking. Investors are awaiting key US economic data to gauge the Federal Reserve's next steps on monetary policy. February gold futures fell on the MCX, and silver prices also dropped. Major US economic data and a few Fed officials are expected to speak this week.

Gold Price Today: Gold prices fall by Rs 2,100/10 gm this week, silver down by Rs 3,800/kg

 28 Nov 2024 09:24 AM

Gold and silver futures opened lower today on the MCX, continuing a downward trend from this week. Mixed US economic data and geopolitical tensions contributed to price volatility. While a weaker dollar and bond yields could offer some support, an expert advises caution due to the US market holiday, predicting range-bound trading.

Gold Price Today: Yellow metal prices extend rally, opens at Rs 76,198/10 gm; Silver at Rs 90,431kg

 21 Nov 2024 10:46 AM

Gold futures continued their rally at MCX, supported by geopolitical tensions and safe-haven demand, while silver faced slight decline.

Gold price today: Gold prices jump Rs 2,200/10 gms in a week, silver surges Rs 900/kg

 20 Nov 2024 05:32 PM

Gold December futures contracts at MCX opened flat at Rs 75,537 per 10 grams, down by 0.07%, while silver December futures were trading at Rs 89,752 per kg, down by 1%. Gold prices have risen by Rs 2,300/10 grams in the last week, and silver surged by Rs 900/kg. The MCX opened for the evening session at 5 pm today due to the Maharashtra state elections.

Is MCX closed for Maharashtra Assembly elections today?

 20 Nov 2024 07:00 AM

The Multi Commodity Exchange of India (MCX) will be closed for morning trading on November 20, 2024, due to the Maharashtra Assembly Elections. However, the evening session will proceed as usual. Indian stock exchanges, NSE and BSE, will also remain closed. This closure is in line with the 16 trading holidays announced by MCX for 2024.

Gold Price Today: Gold prices fall by Rs 4,000/10 gm in November, silver down by Rs 5,600/kg

 18 Nov 2024 10:30 AM

Gold and silver December futures contracts saw a nearly 1% increase in early morning trading at MCX. This uptick follows a period of decline for both metals, influenced by a strengthening U.S. dollar and rising bond yields. Market analysts attribute the recent volatility to Donald Trump's election victory and its impact on global markets.

Will BSE, NSE remain closed for trading on Friday on account of Guru Nanak Jayanti?

 14 Nov 2024 02:22 PM

Indian stock exchanges BSE and NSE will be closed on November 15 for Guru Nanak Jayanti. MCX will be closed in the morning session and NCDEX will be closed all day. Markets will also be closed on November 20 for Maharashtra Assembly elections.