Gold and silver prices scaled fresh record highs on Monday, reinforcing their status as the world’s preferred safe-haven assets amid mounting geopolitical tensions, currency volatility and uncertainty over global trade policies. The rally marks one of the strongest bull runs ever seen in precious metals, driven by a combination of…
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Gold Falls Below ₹1.53 Lakh, Silver Gains on MCX
Gold prices witnessed a notable decline in both domestic and international markets on Thursday, while silver managed to trade higher on the Multi Commodity Exchange (MCX). The easing of geopolitical tensions linked to Greenland and a stronger US dollar reduced safe-haven demand, prompting investors to book profits after a recent…
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Gold Hits Record ₹1.43 Lakh in Silver Surges Amid Fed Rate Hopes
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…
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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…
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BRICS Gold Dominance Challenges US Dollar’s Global Influence
BRICS nations are quietly reshaping the global financial landscape by strengthening their grip on gold reserves and reducing long-term dependence on the US dollar. While official data shows BRICS members holding around 20% of global gold reserves, the bloc and its closely aligned partners now account for nearly 50% of…
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Gold Shines, Jewellery Stocks Sink: Why It Happened
Jewellery stocks on Dalal Street have sharply underperformed gold prices over the past year, raising concerns among investors. While gold prices have surged over 70% year-on-year, most listed jewellery companies have seen steep declines, with several stocks crashing between 30% and 45%. The divergence highlights a crucial market reality: soaring…