TAG: MCX silver

Gold drifts lower on firmer dollar, Fed rate outlook. Should you buy?

Gold prices in domestic and international markets edged lower on Wednesday as traders assessed chances of the US Federal Reserve raising interest rates just once more in May before pausing. Markets are pricing an 86 per cent chance the Fed raises rates b...

6 months ago

Silver prices likely to cross ₹1 lakh per kg in medium to long term: Motilal Oswal

The silver prices have maintained a consistent upward trajectory in 2024 in India. After recording a 7.19 per cent increase in 2023, the precious metal has now reached a historic high of ₹86,300 per kg. The bullish outlook is further bolstered by forecas...

5 months ago

Gold prices decline over 2%, down to one-week low; silver shreds 4.6%

Gold prices experienced a decrease of over 2%, reaching a one-week low, as concerns about a potential broader conflict in the Middle East eased, on Monday. This led investors to reduce their safe-haven positions and favor riskier assets such as equities....

5 months ago