Gold futures post weekly gain on MCX Gold futures on the Multi Commodity Exchange (MCX) climbed by ₹958, or about 0.74%, over the week, notably outperforming global prices. The domestic contract’s stronger move highlights local factors shaping bullion demand beyond international trends. Weekly performance highlights MCX gold futures advanced ₹958 on the week, a 0.74% … Read more
The three-day expo, widely regarded as one of South India’s premier sourcing platforms, recently drew a strong turnout with 183 exhibitors from across India. The event served as a concentrated marketplace for buyers, wholesalers and trade professionals looking to discover new products, negotiate deals and build partnerships. What made the expo stand out Wide exhibitor … Read more
Gold market at a crossroads Gold faces a delicate path into 2026. A sudden shift in interest rates, a stronger dollar or a spike in loan defaults could prompt lenders to sell large amounts of metal held as collateral. That kind of liquidation would tilt supply and demand and could push prices lower, at least … Read more
Price slide snaps eight-day winning streak The white metal fell below $57 an ounce, after losing more than 2% in the previous session and ending an eight-day run of gains. The pullback came as investors reassessed fresh buying that had pushed prices higher in recent days. What happened After a sustained rally, the market saw … Read more
Seizures Concentrated Before July 2024 Duty Cut Nearly half of the total seizures were made during the period prior to import duty reduction by the Government in July 2024. That timing raises questions about how traders and enforcement agencies responded to the planned policy change. What the numbers may indicate The concentration of seizures before … Read more
Gold futures slip on MCX as December contract eases Gold futures for December delivery on the Multi Commodity Exchange (MCX) edged lower, falling by ₹88, or about 0.07%. The move marked a modest pullback after recent gains, leaving prices largely range-bound as traders weighed a mix of local and global factors. What drove the modest … Read more
Purchases from January through October were lower than during the same period in each of the past three years, signaling a notable pullback in consumer activity that businesses and investors should watch closely. What the slowdown means for the market A sustained dip in purchases over ten months can affect several parts of the economy. … Read more
Silver ticks higher, nudging past recent peak Silver rose as much as 0.8% to trade at $58.9471 an ounce, climbing above a previous high of $58.84 set two days earlier. The move continues a short-term upward trend in the precious metals space. Price move at a glance Latest price: $58.9471 per ounce. Intraday gain: about … Read more
Industry sees steady retention of local talent Many companies report that domestic workers are not leaving in large numbers for jobs abroad or even switching sectors. Rather than a sudden migration, the workforce looks steady, and employers are noticing both benefits and challenges from this trend. Why talent is staying put Competitive local opportunities: Home … Read more
Gold eased on December 2, with both 22-carat and 24-carat rates slipping across major Indian cities. The move was visible in local market quotes and reflected a softer tone compared with recent trading days. Market snapshot Prices for jewellery-grade (22-carat) and investment-grade (24-carat) gold fell across the board. Retail rates in several urban centres showed … Read more