Silver soars to record high, gold rally gains momentum

Silver soars to record high, gold rally gains momentum

Metal prices surge as supplies tighten and demand keeps growing Markets recorded a sharp, record-setting jump in the price of a key industrial metal after inventories fell and demand consistently outpaced production. Traders say the move was not sudden but the result of months of building momentum. Why prices moved higher Falling inventories: Stockpiles at … Read more

Gold could retest record highs as traders eye, RBI policy: Analysts

Gold could retest record highs as traders eye, RBI policy: Analysts

Gold futures rise nearly 3% on MCX in weekly gain Gold futures for the February 2026 contract on the Multi Commodity Exchange (MCX) climbed by ₹3,654, or 2.9%, over the past week to close at ₹1,29,504 per 10 grams on Friday. The move marks a noticeable uptick after recent consolidation in bullion markets. What contributed … Read more

Did CME screens go blank to bail out a trader from delivering 400 million ounces of silver?

Did CME screens go blank to bail out a trader from delivering 400 million ounces of silver?

Exchange outage blamed on cooling problem meets trader scepticism An electronic trading platform briefly halted operations after the operator described a technical glitch tied to a cooling system issue at one of its data centres. The explanation drew immediate pushback from traders and market participants, who say critical facilities typically have redundant air-conditioning and other … Read more

India targets price-making role in gold market with domestic mining push

India targets price-making role in gold market with domestic mining push

India’s gold market still follows prices set elsewhere. With limited domestic mining and no formal gold-banking framework, the country effectively accepts the London AM and PM benchmark rates as the reference for bullion traded and imported here. Why India takes prices from abroad Two structural features underpin this dependence: Minimal domestic production — India produces … Read more

Gold, silver futures gain on firm global cues as Fed rate cut hope strengthens

Gold, silver futures gain on firm global cues as Fed rate cut hope strengthens

Gold futures edge higher on MCX Gold futures for December delivery rose by ₹596, or 0.47%, to close at ₹1,26,100 per 10 grams on the Multi Commodity Exchange. The session recorded a business turnover of 4,496 lots, signaling active participation from traders. Price movement at a glance Contract: Gold futures (December delivery) Change: +₹596 (+0.47%) … Read more

Gold gains by ₹962 per 10 grams to ₹126,081 on global cues

Gold gains by ₹962 per 10 grams to ₹126,081 on global cues

Gold has strengthened noticeably this week, rising by ₹3,520 per 10 grams since the beginning of the week. The move has caught the attention of buyers, jewellers and investors alike as the precious metal reasserts its role as a defensive asset. Why the sudden uptick? The rise can be linked to a mix of global … Read more