April 8, 2026 12:10 PM

Gold, silver surge up to 6 pc despite Trump ceasefire plan

Gold and silver prices on Wednesday traded sharply higher due to safe-haven demand, even after a two-week ceasefire plan was announced by US President Donald Trump. On the Multi Commodity Exchange (MCX), gold futures (June 5) jumped as much as Rs 3,688 or 2.45 per cent to an intraday high of Rs 1,53,977 as of 10:52 AM. The yellow metal was trading at Rs 1,53,920, up Rs 3,631 or 2.42 per cent. It touched an intraday low of Rs 1,53,301, a gain of 2 per cent from the previous close. On the other...

March 23, 2026 12:03 PM

Gold, silver plunge up to 6 pc on global weakness

Gold and silver prices in India traded sharply lower on Monday, tracking weakness in global bullion markets amid rising concerns over inflation and potential interest rate hikes following escalating US-Iran tensions. On the Multi Commodity Exchange (MCX), gold futures dropped steeply at the opening. Gold futures for (April 2) fell as much as 5.59 per cent, or Rs 8,089, to hit an intra-day low of Rs 1,36,403 per 10 grams by 9:40 am, while silver declined 6.63 per cent, or Rs 15,043, to Rs 2,11,7...

March 21, 2026 12:54 PM

Gold drops nearly 6% this week as strong dollar, profit booking weigh on prices

Gold prices declined sharply by 5.89 per cent this week, as investors engaged in sustained profit booking amid a strengthening US dollar and shifting global cues. According to data from the India Bullion and Jewellers Association (IBJA), the price of 10 grams of 24-carat gold fell from Rs 1,56,436 on Monday to Rs 1,47,218 on Friday, reflecting a steep weekly correction. On the Multi Commodity Exchange (MCX), gold April futures edged up 0.23 per cent on Friday to trade at Rs 1,44,825. In contra...

March 19, 2026 12:15 PM

Gold, silver prices slide up to 2 pc as US Fed keeps rates unchanged

Gold and silver prices witnessed a sharp fall on Thursday following the US Federal Reserve’s latest policy decision announced overnight, even as escalating geopolitical tensions in the Middle East kept bullion in focus. On the Multi Commodity Exchange (MCX), gold futures (April 2) were trading around 1 per cent, or Rs 1,313, lower at Rs 1,51,712, hitting an intraday low at around 10:22 am. Similarly, silver futures (May 5) declined to Rs 2,43,083, down 2 per cent or Rs 5,111. As widely expec...

February 28, 2026 4:55 PM

Gold, Silver prices likely to surge as Israel–Iran tensions escalate

Gold and silver prices are expected to open sharply higher on Monday as escalating tensions between Israel and Iran drive investors towards safe-haven assets, market experts said on Saturday. The surge in geopolitical uncertainty follows Israel’s “preventive” strikes on Iran, which triggered fears of a broader regional conflict. Analysts said heightened risk sentiment typically pushes investors toward bullion, considered a hedge during periods of instability. “The escalation in the con...

February 13, 2026 3:08 PM

Precious metals surge 1-2 pc over value buying at support levels

Gold and silver prices surged on Friday as investors took to value buying after prices moderated due to huge declines in the previous session. MCX gold April futures gained 1.08 per cent to Rs 1,54,480 per 10 grams on an intra-day basis. Meanwhile, MCX silver March futures added 2.59 per cent to Rs 2,42,564 per kg. "Gold has recovered post the January end collapse and is well on its way to what we believe should be $6,000 per ounce levels by CY26 end," said Sandip Raichura, CEO of Retail Broki...

February 2, 2026 3:17 PM

Global Stocks slide as silver rout unleashes hefty selling

Global shares fell on Monday, as a sudden, massive selloff in precious metals forced investors to ditch other assets to cover any losses, right ahead of a week packed with corporate earnings, central bank meetings and major economic data. Silver was headed for its biggest two-day loss since at least the 1980s, falling another 7% on top of Friday's 30% plunge. Dealers said pressure on a number of silver futures funds in China added to the rout late last week, which was exacerbated on Monday by ...

February 2, 2026 12:05 PM

Gold, silver selloff deepens after CME hikes margins

Gold and silver extended falls on Monday after CME Group raised margin requirements following a sharp selloff in precious metals last week on U.S. President Donald Trump's nomination of Kevin Warsh to be the next Federal Reserve chair.   Spot gold logged its sharpest one-day drop since 1983 on Friday with a fall of more than 9%, and had lost a further 3.6% to $4,686.51 per ounce by 0504 GMT. U.S. gold futures for April delivery were down 0.8% at $4,707.60 per ounce.   Spot silver plunged 2...

January 27, 2026 12:18 PM

Gold, silver continue to touch new highs as US dollar weakens

Gold and silver prices surged to record highs on Tuesday, amid persistent weakness in the US dollar and expectations of rate cuts by the US Federal Reserve. MCX gold February futures rose 1.48 per cent to Rs 1,58,343 per 10 grams. Meanwhile, MCX silver March futures rose 6.56 per cent to Rs 3,56,670 per kg. Earlier in the day, gold had peaked to Rs 1,59,820 per 10 grams, up 2.4 per cent, before profit-booking eased the price level. International markets also saw gold and silver touching recor...

January 19, 2026 3:29 PM

Gold, silver hit fresh highs on US tariff threats against Europe

Gold and silver prices surged to fresh record highs on Monday as investors turned to safe-haven assets amid renewed global trade tensions following US President Donald Trump’s threat of imposing fresh tariffs on several European countries. On the Multi Commodity Exchange (MCX), gold February futures rose 1.68 per cent to Rs 1,44,905 per 10 grams, while silver March futures jumped 4.39 per cent to Rs 3,00,400 per kilogram. In the international market, spot gold climbed more than 1.6 per cent ...