On Tuesday, October 6, Silver prices traded steady at Rs 61,975 per kg as participant boosted their long positions. Meanwhile, on Monday, October 5, Silver increased 2.21 percent on the COMEX. Prices increased, tracking strength in base metals prices. The expectation of a stimulus package for the U.S. economy and recovery of U.S. President Donald …
According to the latest news, gold and silver dramatically decreased in Indian markets. On Multi Commodity Exchange (MCX), December gold futures fell by 0.5% to ₹50,386 per 10 grams. Significantly, it was a second sharp decline in three days. Moreover, Silver futures on the Multi Commodity Exchange decreased by 2% to ₹61,267 per kg. Significantly …
Gold and Silver Drastically Reduced in Indian Markets Read More »
On September 22, Silver prices dropped to Rs 60,357 per kg. Participants rose their short positions as seen by the oper interest. The yellow metal had eased 9.67 percent yesterday on Multi Commodity Exchange. Silver prices decreased as gold prices witnessed a decline as a broader market sell-off caused by uncertainty over more US fiscal …
Gold and silver prices boosted on Monday as bleak global growth prospects climbed the safe-haven assets’ appeal. Gold was steady as the dollar weakened after ECB kept rates unchanged. U.S. jobless claims remained at elevated levels, increasing fears of a slower global economic rebound from the coronavirus crisis. Weak employment growth and gain in permanent …
Gold and Silver Prices News. Gold reached Rs 51,380 Read More »
Gold costs were steady at Rs 51,051 per 10 grams in the Mumbai market on strength in the US dollar and weak global cues. The yellow metal has been consolidating in a broad range with a negative bias in the last sessions. The rate of 10 grams 22 carat gold in Mumbai stood at Rs …
Commodity Market News: Gold rises while silver falls Read More »
Bullion prices are inclined to continue the weak trend in the rest of the week. Positive U.S. manufacturing data boosted the market’s optimism regarding global economic rebound and curbed demand for the Gold. On domestic trading, October gold opened on MCX (Multi Commodity Exchange) at Rs 51,449 per 10 grams, lower than Tuesday’s closing of …
Gold and Silver prices during the global economy rebound Read More »
Gold price in Indian commodity markets boosted for the second session on Monday. Prices of gold and silver gained more than 1.50% in the international market, promoted by a weaker dollar. The U.S. Federal Reserve’s new policy commentary for mote inflation tolerance also supported sentiment for Bullion. Investors were optimistic about the U.S. Federal Reserve’s …
According to the latest news, gold and silver prices increased today in Indian markets after falling in the previous session. On Multi Commodity Exchange, October gold futures rose by 0.3% to 51,071 per 10 gm while October silver futures gained 0.7% and hit 65,673 per kg. In the previous session, gold had dipped 900 per …
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