Thu, Jan 25, 2024
How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.
More >
Wed, Jan 24, 2024
Tue, Jan 23, 2024
Government has increased import duties on various precious metals and related products, effective January 22. Duties on gold and silver findings and coins were hiked from 10% to 15%, while spent catalysts used for extraction saw a rise to 14.35%. These adjustments align with previous silver duty increases from the 2023 budget and aim to regulate the import and taxation of precious metals in the country.
Tue, Dec 07, 2021
Motilal Oswal said that Gold traded steady amid a stronger US Dollar and fears looming over the pace of tapering exercise by the US Federal Reserve. The uncertainty over coronavirus Omicron variant and inflationary pressures acted as a countervailing force, aiding the bullion price movement, it further said
Mon, Dec 06, 2021
Analyst Anuj Gupta remains bullish on the yellow metal in the near to immediate term. He recommended a buy in February Gold Futures at Rs 47,800 with a stop loss at Rs 47,600 and price target at Rs 48,300
Sat, Dec 04, 2021
Outlook for gold and Silver remains positive in the immediate to near term amid uncertainties around Omicron. The stock markets collapsed on Friday once again following the trend which existed for almost the entire week. The loss to equity markets will benefit Gold considered as a haven for investors amid difficult times
Thu, Dec 02, 2021
Domestic prices of Gold and Silver took cues from their foreign peers and were trading in the red around 6 pm on Thursday. The February Gold Futures were trading at Rs 47,745 per 10 gram on the MCX around this time and were down by Rs 127 or 0.27 per cent from the Wednesday closing price
Wed, Dec 01, 2021
The February Gold Futures were trading at Rs 47,878 per 10 gram, higher by Rs 73 or 0.15 per cent from the Tuesday closing price. Meanwhile, the March Silver futures were dearer by Rs 135 or 0.22 from the Tuesday closing price and were trading at Rs 62,406
Tue, Nov 30, 2021
MCX Gold and Silver futures were trading with a positive bias on Tuesday. The February Gold futures were trading at Rs 48,290 per 10 gram at 4:10 pm, higher by Rs 300 or 0.63 per cent from the Monday closing price. Meanwhile, March Silver futures were up by Rs 150 or 0.24 per cent around this time and were trading at Rs 62,586
Mon, Nov 29, 2021
December Gold futures were up almost 0.60 per cent or Rs 282 from the Friday closing price and were trading at Rs 47,867 per 10 grams. Meanwhile, the December Silver Futures were also dearer by Rs 736 or 1.2 per cent and were trading at Rs 62,781 per kg
Thu, Nov 25, 2021
MCX December Gold and Silver Futures were trading with a positive bias on Thursday. While the yellow metal gained Rs 112 per 10 gram around 2:50 pm, Silver futures were up by Rs 407 per kg from the last closing price on Wednesday
The Securities and Exchange Board of India (SEBI) on Wednesday came out with operating norms for silver exchange traded fund or Silver ETFs.
Tue, Nov 23, 2021
MCX December Gold and Silver futures are expected to trade in a range according to a report by Motilal Oswal. It sees support at Rs 47,450-$7,200 and resistance at Rs 47,900-48,100. As for Silver futures, support is seen at Rs 63,100-62,700 and resistance is seen at Rs 64,200-64,600, this report said
Mon, Nov 22, 2021
After hitting a two-week low last week, the yellow metal managed to salvaged some ground on the back of a US Dollar retreat. The dollar index fell 0.1 per cent, retreating from Friday's high, a Reuters report said. A weaker dollar reduces bullion's cost to buyers holding other currencies
Fri, Nov 12, 2021
In the previous trade, the yellow metal had settled at Rs 48,154 per 10 grams.
Thu, Nov 04, 2021
Expert Anuj Gupta, Vice President (VP), Commodity and Currency Research at IIFL Securities recommends a Buy on December Gold futures at Rs 47,300 with a stop loss at Rs 46,900 and target at Rs 48,000
Mon, Nov 01, 2021
Dhanteras marks the beginning of the Diwali festive season.
Fri, Oct 29, 2021
Watch the video to know, how to earn well in the Commodity Market and what are the earning possibilities through our experts. You can also ask your questions from our experts through our helpline number.
Tue, Oct 26, 2021
MCX December Gold futures were cheaper by Rs 260 on Tuesday from the Monday closing price at around 6:20 pm. December Silver futures were trading down by Rs 586
Mon, Oct 25, 2021
MCX Gold futures were trading at Rs 48,106 per 10 gram around this time and was up 0.65 per cent from the Friday closing price. Meanwhile, the MCX Silver futures were also up 0.47 per cent and were trading at Rs 65,965 per kg
Fri, Oct 22, 2021
Gold and silver showed routine profit-taking on Thursday. Both the precious metals were settled on a weaker note in the international markets.
Thu, Oct 21, 2021
Motilal Oswal report expects the Gold Futures to trade with a positive bias. The support is place between Rs 47,300 and Rs 47,000 while the resistance is place between Rs 47,660 and Rs 47,800
Wed, Oct 20, 2021
technical analyst Anuj Gupta recommended a buy at Rs 47,200 with as stop loss at Rs 47,000 and price target at Rs 47,800. He recommended buying in December Silver futures for a target of Rs 65,400 and a stop loss at Rs 63,600
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
