TAG: Silver price outlook
Gold rate today at life-time high on MCX after US Fed rate hike. Will silver climb to a new peak?
Gold rate today opened higher in early morning deals on Multi Commodity Exchange (MCX) and went on to hit new life-time high of ₹61,490 per 10 gm levels within an hour of commodity market's opening bell today. The gold price has been rising after the US...
6 months agoGold rate today near 2.6% down from life-time high. Buy now or wait for further dip?
Gold rate today: Amid speculation of US Fed rate hike by 25 bps, gold price feel the heat of profit booking in early morning deals in domestic and international spot market. Gold future contract for June 2023 on MCX went off ₹21 per 10 gm and hit ₹59,743...
6 months agoGold price remains steady at record high. Silver hits new peak
Gold rate today: On account of weak US dollar and fresh wave of bank crisis in US, gold and silver price rally extended for yet another session in global and domestic market. Gold future contract for June 2023 on Multi Commodity Exchange (MCX) opened hig...
6 months ago
Gold, silver price retraces from life-time high. Should you buy in this correction?
Gold rate today: After climbing to a new peak in the week gone by, both gold and silver prices witnessed profit booking on the weekend sessions. Retracing from its new peak of ₹61,845 per 10 gm, gold future contract for June 2023 in Multi Commodity Excha...
6 months ago
Gold glitters over softer US PPI figures, geopolitical risks add to yellow metal's shine, silver down 0.3%
Gold prices traded higher on Thursday, April 11, after softer-than-expected US producer prices data boosted hopes for US interest rate cuts this year, while persistent geopolitical concerns added to the yellow metal's shine. Spot gold rose 0.3 per cent...
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 declines as dollar, yields strengthen following US retail sales data
Gold prices declined as the dollar strengthened and Treasury yields rose, driven by an unexpected increase in U.S. retail sales in March, on Monday. This development raised concerns that the Federal Reserve might postpone interest rate cuts for the year...
5 months ago
Gold price eases despite Iran-Israel tensions; silver surges 1.4%
Gold prices experienced a decline on Tuesday, attributed to mounting expectations of fewer U.S. interest rate cuts throughout the year, which overshadowed the demand for safe-haven assets amid ongoing tensions in the Middle East. By 09:26 ET (1326 GMT),...
5 months ago
Gold prices down $100 from record-high on uptick in US Treasury yields; Q1GDP lowers Fed rate cut hopes
Gold prices today: The yellow metal trimmed gains on Thursday, April 25, as US Treasury yields rose after gross domestic product (GDP) data showed signs of persistent core inflation, which in turn, lowered expectations of the Federal Reserve cutting inte...
5 months ago
Gold recovers as traders await US Federal Reserve policy decision, silver rises 1%
Gold prices bounced back on Wednesday amid growing caution preceding the U.S. Federal Reserve's policy announcement later in the day. Additionally, a retreat in the dollar and U.S. Treasury yields spurred some opportunistic buying. As of 10:06 a.m. ET (...
5 months ago