TAG: silver rate today

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 ago

Gold 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 ago

Gold 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, silver rate today trade tepid as investors await US inflation data release this week

Gold and silver rate today opened higher but remained in tight range, signaling cautious movement as investors await crucial US inflation data release this week. Gold rate today opened lower but soon caught upside momentum and went on to climb to its int...

6 months ago

Why are gold, silver prices flirting with record highs despite resilient US dollar? — explained with 5 reasons

Gold and silver rates today: Despite the rise in the US dollar rates, gold and silver prices continue flirting with the record high on US Fed rate cut buzz. Gold futures contract on the Multi Commodity Exchange (MCX) for June 2024 expiry climbed to a new...

6 months ago

Why are gold and US dollar rates moving in same direction? — explained

Gold rate today: Despite the strong US dollar, gold and silver prices are continuously flirting with the record highs since last. After hitting a new peak on Friday, gold and silver prices climbed to a new peak in the early morning session on Monday. Gol...

6 months ago

Gold, silver rates today: Precious metals shine on Gudi Padwa, US Fed rate cut buzz. Should you buy in this rally?

Gold, silver rates today: As the nation celebrates Gudi Padwa today, gold and silver prices extended its rally on Tuesday morning deals. Gold futures contract on the Multi Commodity Exchange (MCX) for June 2024 expiry opened at 71,026 per 10 gm level and...

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

Gold prices hit all-time high on strong US inflation figures, Fed rate cut buzz. Silver price also climbs a new peak

On account of strong US inflation figures and the US Fed rate cut buzz, the gold rate today climbed to a new peak in the domestic and international markets. Comex gold price today climbed to a new lifetime high of $2,412 per troy ounce while the spot gol...

6 months ago

Gold prices cross $2,400 mark on Middle East tensions, up by 4% this week; silver surges to highest level since 2021

Gold surged past the $2,400 per ounce mark, hitting an unprecedented peak on Friday, marking its fourth consecutive week of gains. Escalating tensions in the Middle East spurred investors to flock to safe-haven assets. At 10:56 a.m. ET (1456 GMT), spot...

5 months ago

Gold rate today: Iran-Israel war news fuels gold price rally despite rise in US dollar rate, treasury yield

Gold rate today: Despite the continuous rally in the US dollar rates and the US Treasury yield, gold prices finished higher for the fourth week in a row. The MCX gold rate registered over ₹1,000 per 10 gm on Friday and touched a fresh high of ₹73,461 per...

5 months ago

Gold rate today: Israel-Iran war continues to fuel gold prices despite US dollar rate touching 34-year high against Yen

Gold rate today, 15th April 2024: Despite the rally in the US dollar index, gold prices continue to trade with positive bias during early morning deals on Monday. On the Multi Commodity Exchange or MCX, gold rates today opened higher at ₹72,214 per 10 gm...

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