Oil prices dropped below $90 per barrel, cooling inflation concerns, a day after US President Donald Trump predicted a quick end to the war with Iran
At 10:48 AM, among others, DSP Silver ETF and Axis Silver ETF up 4 per cent each
At 9:23 AM, DSP Silver ETF climbed 0.32 per cent, UTI Silver ETF gained 0.27 per cent, and Groww Silver ETF rose 0.16 per cent
Gold ETFs were also under pressure. Axis Mutual Fund Gold ETF, Union Gold ETF, and The Wealth Company Gold ETF traded lower by over 4 per cent
UBS sees further upside for broad commodities in 2026, driven by primarily by metals, their analysts said in a recent note.
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,53,640
The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,56,290
The price of 22-carat gold rose by ₹10, with ten grams of the yellow metal selling at ₹1,48,410
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,45,990
The NSE to levy 15% additional margin on equity derivatives in which top 10 clients account for more than 20% MWPL from March F&O series onwards; withdraws additional margin on Gold, Silver futures.
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,41,340
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,41,340
Since oil and gas prices did not join other commodities in their run up in the last few months, analysts believe they are likely to remain sideways at best, unless geopolitical events trigger a rally
The price of 22-carat gold rose by ₹10, with ten grams of the yellow metal selling at ₹1,45,560
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,540
Commodity rout: Precious metals - Gold, Silver, Platinum have cracked up to 47.5%; base metals - aluminium, copper, zinc, lead and nickel - plunged up to 18% in global markets from January 29 highs.
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,41,540
MCX Gold, MCX Silver prices crashed up to 14 per cent in Thursday's trading session tracking overnight losses in the precious metals.
Silver, on the other hand, UBS said, is likely to remain volatile going ahead in the backdrop of the sharp run seen in the last few months and the ensuing correction seen in the white metal recently.
In the two days after that, silver and gold recovered 11 per cent and 6.5 per cent, with the prices once again seeing pressure in trade today