Gold and silver prices continue to experience volatility as investors assess global economic developments and changes in financial markets. In the previous trading session, MCX December gold futures traded at around ₹1,43,600 per 10 grams, while silver futures were around ₹1,94,450 per kilogram. These figures reflect the previous session and should not be treated as…
Gold prices rose 0.2% to 1,01,468 on MCX, following a recent high above 1,02,000. The increase was fueled by trade tensions and expectations of US interest rate cuts. US President’s tariffs, including a 100% tariff on imported semiconductors, boosted sentiment. CME FedWatch predicted a 91% chance of a September rate cut. Citi raised its gold…
The commodities market experienced positive momentum the whole week, with the exception of gold, with most commodities posting weekly gains ranging from 1.5% to 3.0%. Due to traders locking in their profits during the recent advance, gold prices gave up all of their weekly gains and ended up slightly lower last week. As traders monitored…
