Gold futures on the Multi Commodity Exchange (MCX) surged by ₹3,698, or 2.7%, over the past week, reaching a record high of ₹1,43,590 per 10 grams on Wednesday. The rally comes amid growing expectations of US Federal Reserve policy easing and rising safe-haven demand.Silver also witnessed a sharp rally, jumping…
Tag: #CommodityMarket
Gold, Silver Rates Today: Dollar Strength Hits Prices
Gold and silver prices fell in both domestic and international markets on Friday after the US dollar hit a six-week high, following unexpectedly strong US weekly jobless claims. Spot gold dropped 0.29% to $4,602.43 per ounce, while spot silver declined 0.8% to $91.6861 per ounce. Meanwhile, MCX gold touched ₹1,43,483…
Oil Prices Rise as Iran Supply Fears Offset Venezuela Exports
Global oil prices extended their rally on Wednesday, rising for a fifth consecutive session as fears of potential supply disruptions from Iran overshadowed signs of increasing output elsewhere. Markets remained on edge amid growing concerns that escalating tensions between the United States and Iran could disrupt crude flows from the…
Gold price dips as dollar tops 100; MCX gold near ₹1,22,800
Gold prices on the Milti Commodity Exchange (MCX) slipped in early trade on Thursday after a stronger US dollar and the Federal Reserve’s October meeting minutes cooled expectations for a December rate cut. MCX December gold futures were trading around ₹1,22,768 per 10 grams in morning trade, while silver futures…
Gold Prices Dip Again Across Major Indian Cities on Oct 27
Gold prices in India dipped again on October 28, 2025, following global cues that pointed to a stronger US dollar and easing trade tensions between the United States and China. The Multi Commodity Exchange (MCX) recorded fresh declines in both gold and silver futures, affecting bullion rates across major Indian…
Asian Rice Prices Hit Multi-Year Lows as Supply Surges
Rice export prices in major Asian markets have dropped to multi-year lows as abundant supplies, weak global demand, and volatile local currencies weigh on the region’s key agricultural export commodity. Thailand’s benchmark 5% broken rice fell to $340 per metric tonne this week — the lowest since November 2007. In…
e-NAM Adds 9 New Commodities, Now 247 Items
The Government of India has strengthened the National Agriculture Market (e-NAM) by adding nine new commodities, bringing the total number of tradable items on the platform to 247. This expansion aims to provide farmers and traders with wider market access and a more transparent digital trading ecosystem. Boosting Market Integration…
