December 23, 2025 1:33 PM

Gold, silver hit record highs amid US-Venezuela tensions, weaker dollar

Gold and silver prices surged more than 1 per cent to fresh record highs on Tuesday, supported by strong safe-haven demand amid escalating geopolitical tensions, particularly between the United States and Venezuela, and a weaker US dollar. On the Multi Commodity Exchange (MCX), February gold futures rose 1.2 per cent to an all-time high of ₹1,38,381 per 10 grams and were trading 1.01 per cent higher at 10.48 am. MCX silver jumped 1.7 per cent to a record high of ₹2,16,596 per kilogram and ...

July 14, 2025 4:00 PM

Indian investors flock to silver as returns overtake those from gold

Indian investors, traditionally obsessed with stockpiling gold, are increasingly turning to silver, which was trading near a 14-year high on Monday, as its returns this year outpaced those of gold. Imports fill most of the demand in the world's largest consumer of silver, where domestic prices touched a record high of 114,875 rupees ($1,336) a kg as a production shortfall spurred investors' hopes for a further rally. "Gold's done pretty well for me over the last couple of years," said Umesh Ag...