Dollar Near Six-Month High After Stronger-Than-Expected Job Data The U.S. dollar climbed to a near six-month high on Friday after signs that job growth in September picked up. The stronger labor reading raised the odds that the Federal Reserve will delay cutting interest rates in December, keeping U.S. yields relatively attractive and supporting the currency. … Read more
Gold has surged more than 50% year-to-date, even after a recent pullback from a record high. The metal is now on track for its strongest annual gain in decades — its best performance since 1979 — as investors weigh inflation, central bank moves and geopolitical uncertainty. What’s happened to gold prices After climbing to fresh … Read more
Silver exchange-traded products show rapid rise Holdings in silver exchange-traded products in India have recorded an annualised growth rate of 200% CAGR since 2022. That steep pace signals a fast-growing appetite for silver exposure through the stock exchange, rather than traditional routes like physical bars or jewellery. Why investors are moving into silver ETFs Easy … Read more
Gold futures for December delivery on the Multi Commodity Exchange (MCX) slipped on the trading session, falling ₹511 or 0.42% to close at ₹1,22,540 per 10 grams. The move came on a business turnover of 10,456 lots. Price movement at a glance The modest drop in December contracts reflects a short-term pullback after recent strength … Read more
Dollar Climbs to Highest Level in Over Two Weeks The US dollar strengthened on Thursday, reaching its highest level in more than two weeks as investors reacted to shifting expectations about interest rates and global economic outlooks. The move reflects a combination of higher US yields, cautious sentiment in equity markets, and renewed demand for … Read more
Why the white precious metal is so volatile Industry experts point to a simple tension: this white precious metal serves two very different markets at once. As an investment haven, it attracts buyers during economic uncertainty. As an industrial input, its price depends on manufacturing cycles and technological demand. Those competing forces can push prices … Read more
Gold futures rise on MCX as December contract gains Gold futures for December delivery on the Multi Commodity Exchange (MCX) climbed by ₹674, a 0.55% rise, settling at ₹1,23,314 per 10 grams. The contract moved in 10,726 lots during the session. What this move means The increase reflects a modest uptick in demand for gold … Read more
Gold futures slip on Multi Commodity Exchange Gold futures for the December contract on the Multi Commodity Exchange (MCX) fell sharply, dropping ₹1,807, or 1.47%, to close at ₹1,21,120 per 10 grams. The move marks a notable pullback for near‑term contracts. What drove the decline? Profit booking: Short‑term traders often take profits after recent gains, … Read more
Immediate, temporary action to stop duty evasion via free trade deals Authorities have put in place a temporary measure, effective immediately and valid until April 2026, aimed at curbing “bad actors” who exploit free trade agreements to avoid paying import duties. The step is designed to protect government revenue and ensure fair competition for compliant … Read more
Gold Futures Drop Nearly 1% on Multi Commodity Exchange Gold futures for December delivery slipped on the Multi Commodity Exchange, falling ₹1,229 or 0.99% to close at ₹1,22,332 per 10 grams. The pullback marked a notable intraday move for the yellow metal. What happened in the market? The December contract registered the decline as traders … Read more