Gold and silver rise for second day as dollar weakens and yields ease
Gold and silver prices rose for a second straight session on MCX as the US dollar weakened and bond yields eased. Investors now await US nonfarm payrolls data.
Gold Market
Tagged: mcx
Gold and silver rise on softer oil, weaker dollar, Jackson Hole focus
Gold and silver opened higher on the MCX on Thursday, supported by falling oil prices and a softer dollar, as traders look ahead to Fed Chair Kevin Warsh's Jackson Hole speech.
Gold and silver edge higher on MCX as traders await US PCE data
Gold and silver futures edged higher on the MCX on Wednesday as market participants looked ahead to the US PCE inflation report for signals on the Federal Reserve's interest rate outlook.
Gold and silver open lower on MCX as markets eye US inflation data and Jackson Hole speech
Gold and silver prices opened lower on the MCX on Tuesday, pausing a rally, as markets turned cautious ahead of US inflation data and a speech by Fed Chair Kevin Warsh at Jackson Hole.
Gold futures climb ₹1,283 to ₹1.63 lakh per 10 grams on MCX
Gold futures on the MCX rose ₹1,283 to ₹1,63,721 per 10 grams for October delivery, driven by fresh positions and firm spot demand. Globally, gold gained 0.99% to $4,648.78 per ounce.
Gold rises for fourth day, silver slips as markets await US inflation data
Gold rose for a fourth consecutive session on MCX, gaining Rs 8,200 per 10g, while silver snapped a three-day rally, falling Rs 1,800/kg. Markets await US inflation data and a speech by Fed Chair Kevin Warsh.
Gold and silver futures rally, analysts see further upside
Gold futures broke through ₹1,55,000 to hit ₹1,62,680, while silver rebounded from ₹2,30,000. Analysts expect the rally to continue with targets of ₹1,70,000 and ₹2,60,000.
Gold loan stocks jump up to 7% as gold price tops Rs 1.6 lakh
Shares of gold loan lenders Muthoot Finance, Manappuram Finance, and IIFL Finance rose up to 7% in two sessions after gold prices crossed Rs 1.6 lakh per 10 grams on the MCX.
Gold futures jump ₹1,432 to ₹1.60 lakh/10 gm on fresh buying
Gold futures on the MCX climbed ₹1,432 to ₹1.60 lakh per 10 grams, driven by fresh speculative positions and firm physical demand. The October contract traded at ₹1,60,857.