Silver scales new peak on MCX; tops ₹2,00,000/kg

Silver scales new peak on MCX; tops ₹2,00,000/kg

Silver hits a fresh record on MCX March-delivery silver on the Multi Commodity Exchange (MCX) climbed ₹1,420, or 0.71%, to close at a new lifetime high of ₹2,00,362 per kg. This marked the metal’s fourth straight day of gains, underscoring growing momentum in the domestic futures market. What drove the jump? Traders and market watchers … Read more

Gold holds above $4,275, silver nears record $64.31 following Fed rate cut

Gold holds above $4,275, silver nears record $64.31 following Fed rate cut

Precious metals rally after Powell’s comments tilt markets Precious metals jumped as Chair Jerome Powell’s remarks were interpreted as modestly dovish, prompting traders to raise expectations for further monetary easing. The shift in tone pushed bond yields lower and weakened the dollar, making gold, silver and other metals more attractive to investors seeking shelter and … Read more

RBI fixes sovereign gold bond redemption price at ₹12,801 per unit

RBI fixes sovereign gold bond redemption price at ₹12,801 per unit

Revised payout for SGB 2017–18 Series XI holders Holders of the Sovereign Gold Bond (SGB) 2017–18 Series XI, which were originally priced at ₹2,954 per unit, will receive a revised payout along with the accumulated interest of 2.5% per annum earned over the bond’s tenure. What investors should expect The revised payout replaces the original … Read more

Indian silver prices gain ₹7,457 a kg on strong demand, short-supply

Indian silver prices gain ₹7,457 a kg on strong demand, short-supply

Global inventory squeeze is pushing prices higher Falling inventories around the world, combined with Chinese stockpiles at their lowest in a decade and higher borrowing costs in London, are tightening supply and giving price momentum a fresh push. The shortage is not driven by a single factor but by the way these elements interact — … Read more

Silver may soar further in the global market on ‘physical shortage’

Silver may soar further in the global market on ‘physical shortage’

Silver shortage signals flash through commodity ratios A sudden spike in the silver-crude oil ratio has drawn fresh attention to tightening silver supplies. Experts say the metric — which compares silver’s value against crude oil — recently surged to its second-highest level on record, a sign that the physical market is feeling strained. What the … Read more

Trading in global gold market down 26% in November, says WGC

Trading in global gold market down 26% in November, says WGC

Steady interest in gold ETFs continues for a sixth month Indian investors have kept buying exchange-traded funds (ETFs) that track the yellow metal for the sixth consecutive month. The sustained inflows reflect a mix of portfolio hedging, easy access to the asset, and ongoing concerns about global and domestic economic uncertainty. Why Indians are buying … Read more

Gold gains, silver drops as traders await Fed policy outcome

Gold gains, silver drops as traders await Fed policy outcome

Precious metals hold ground as markets bet on Fed easing Precious metals traded with relative firmness as investors moved to price in an expected easing by the Federal Reserve ahead of the year’s final policy meeting. The shift in expectations about interest rates has boosted sentiment for non-yielding assets such as gold and silver. Why … Read more