Gold pulls back from record highs, drops by ₹2,256 over 3 sessions on profit booking

Gold pulls back from record highs, drops by ₹2,256 over 3 sessions on profit booking

Gold prices have pulled back from their record highs in recent trading sessions, marking a reversal after a strong rally. Over the course of the last three sessions, the price of the yellow metal dropped from ₹74,367 per ten grams to reach a new one-week low of ₹72,111 on the MCX, marking a decline of … Read more

Silver prices up 18% year to date, can jump to ₹92k mark in 3 months; should you prefer silver to gold for investments?

Silver prices up 18% year to date, can jump to ₹92k mark in 3 months; should you prefer silver to gold for investments?

Silver prices have outshone gold this year so far. In domestic spot markets, they have gained about 18 per cent year-to-date (YTD), trading at ₹86,000 a kg mark. On the other hand, spot gold prices have risen about 16 per cent this year so far, trading near ₹73,000 per 10 gram mark. Indian stock market … Read more

Gold rate today: Yellow metal prices steady amid geopolitical risks; higher US Treasury yields weigh

Gold rate today: Yellow metal prices steady amid geopolitical risks; higher US Treasury yields weigh

Gold prices were steady on Wednesday led by safe-haven demand amid the Middle East conflict partially offseting pressure from higher US Treasury yields. Spot gold price was at $2,383.29 per ounce, while US gold futures fell 0.3% to $2,399.60 per ounce. Spot silver rose 0.3% to $28.17 per ounce. MCX gold rate ended marginally lower … Read more

Gold Prices Today: Yellow metal extends gains as investors await US inflation data, silver up 0.6%

Gold Prices Today: Yellow metal extends gains as investors await US inflation data, silver up 0.6%

Gold Prices Today: Gold prices extended gains on Wednesday, March 27, as investors awaited US inflation data that will throw further light on the US Federal Reserve’s policy path after the central bank kept interest rates unchanged for the fifth straight meeting this month. According to commodity market experts, gold prices have retraced from recent … Read more