Spot platinum slid by 6.9 per cent to $2,281.15 an ounce after touching a record peak of $2,478.50 while palladium plunged 11.9 per cent to $1,694.75 an ounce
Silver prices extended their record-breaking rally for a sixth straight session on Monday, surging 6 per cent to touch a lifetime high of Rs 2,54,174 per kilogram in futures trade amid strong investor demand and bullish global trends. On the Multi Commodity Exchange (MCX), silver futures for March delivery surged Rs 14,387, or 6 per cent, to hit a new record of Rs 2,54,174 per kilogram. The white metal has been witnessing robust buying interest from traders, tracking firm trends in the international markets. Meanwhile, gold futures hovered near all-time highs in the domestic futures market. On the MCX, the yellow metal for February delivery gained by Rs 357, or 0.26 per cent, to Rs 1,40,230 per 10 grams. It had scaled a fresh peak of Rs 1,40,465 per 10 grams on Friday. In the international markets, gold futures opened on a positive note but later trimmed all its early gains to trade lower at USD 4,536.80 per ounce, down by USD 15.90, or 0.35 per cent, as investors booked profits af
Silver prices rallied over 15 per cent last week to scale a fresh record high of Rs 2.42 lakh per kg in the futures market, driven by strong industrial demand, expectations of US interest rate cuts next year and mounting concerns over supply disruptions. The rally in the domestic market mirrored the white metal's record run in global markets, where it hit an all-time high of USD 79.70 per ounce, surging over 11 per cent in a single day on Friday. Rising for the fifth consecutive day on MCX, silver futures for March 2026 delivery zoomed by Rs 18,210, or 8.14 per cent, to touch a new record of Rs 2,42,000 per kilogram, before settling at Rs 2,39,787 per kg on Friday. In a holiday-shortened week, the white metal soared by Rs 31,348, or 15.04 per cent, from Rs 2,08,439 per kilogram, since December 19, reflecting aggressive buying by traders amid heightened volatility. During the calendar year, silver prices have delivered stellar returns, rising by Rs 1,52,554, or nearly 175 per cent,
The price of 22-carat gold rose by ₹10, with ten grams of the yellow metal selling at ₹1,29,450
The price of 22-carat gold rose by ₹10, with ten grams of the yellow metal selling at ₹1,27,660
The US dollar edged lower against a basket of other major currencies, making dollar-priced bullion more affordable for overseas buyers
Gold and silver prices may take a breather next week as investors turn cautious ahead of key U.S. macroeconomic data including GDP numbers while thin year-end trading volumes are expected to limit price movements, analysts said. Investors will also closely track of the US housing data numbers, core durable goods, and consumer confidence figures which will steer the global bullion prices, they added. "Moving into the Christmas week, traders expect some consolidation/correction in the markets as volumes are expected to remain low with major trader's staying away due to long-weekend starting late on Wednesday. However, volatility/price swing may be higher due to low participation," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. Several global markets are likely to witness subdued activity in the coming days as investors stay on the sidelines ahead of the Christmas and New Year holidays, an expert said. Over the past week, gold ...
The price of 22-carat gold declined by ₹10, with ten grams of the yellow metal selling at ₹1,22,990
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,23,610
These funds now account for 17.4% of industry AUM, up from 16.6% in December 2024
Vedanta share: At current spot prices, Emkay estimates FY27 Ebitda of about ₹25,800 cr, compared with consensus estimates of ₹22,000 cr, implying an upgrade potential of roughly 17 per cent.
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,24,110
Investors are increasingly using index funds as long-term wealth-creation vehicles rather than for short tactical exposure, Oswal said
Analysts remain positive on Vedanta given the robust non-ferrous prices, strategic expansion at aluminium and zinc India, controlled leverage on B/S, return ratios >20%, dividend yield of 6%.
Small deviations may be corrected by directing more money into underperforming assets like debt and equities
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,22,110
The dollar hovered near a two-month low, and was on track for a third straight weekly drop, making bullion more affordable for overseas buyers
The stunning silver rally continues unabated as the grey metal keeps on surging to fresh record highs on a confluence of bullish factors including ETF inflows
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,19,460
The price of 22-carat gold climbed by ₹10, with ten grams of the yellow metal selling at ₹1,19,560