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Gold prices traded higher in the domestic futures market on Tuesday, tracking firm global cues and improved sentiment amid easing dollar pressure and hopes of renewed geopolitical talks.On the Multi Commodity Exchange (MCX), gold futures for the June 2026 contract rose Rs 1,981, or 1.30%, to Rs 1,54,053 per 10 grams. The contract touched a…
NEW DELHI: Despite the surge in gold and silver imports upsetting the trade balance, the trends for the two precious metals are very different. With the average price of gold rising nearly 25% on a year-on-year basis to $94,554 a kg during April-Dec, buyers became cautious, resulting in demand falling. Data released by the commerce…
Silver prices surged to a record high on Monday, crossing the Rs 3 lakh-per-kg mark in futures trade for the first time. Gold also rebounded sharply, recovering from last week’s losses.On the Multi Commodity Exchange (MCX), silver futures jumped Rs 13,553, or 4.71%, to a record Rs 3,01,315 per kg. Gold futures rose nearly Rs…
Gold’s price trajectory shows remarkable momentum, with a nearly 50% increase this year and breaking the $4,000 per ounce threshold. Analysis suggests potential growth of 150% by 2028 at the current rate, according to reports.Ed Yardeni, who leads Yardeni Research, maintains a strongly positive outlook on gold, as per Economic Times citing his report. His…
The pace at which gold is rising this year, it might just be the golden year.The yellow metal is shining brighter than ever in 2025, hitting a stunning $4,000 an ounce this week, as investors rush to shield their wealth from global uncertainty. However, unlike typical market rallies, this surge signals worry rather than confidence,…
Gold became more expensive in the national capital on Tuesday, as the prices surged by Rs 600 to Rs 1,00,770 per 10 grams, supported by a weaker rupee and firm global trends, according to the All India Sarafa Association. The metal of 99.9% purity had settled at Rs 1,00,170 per 10 grams on Monday.Gold of…
