At current levels, MCX Gold prices have retraced up to 38.2 per cent, and Silver up to 50 per cent, highlights Aamir Makda Commodity & Currency Analyst of Choice Broking.
The dollar clung onto its gains as investors weighed what a US Federal Reserve under Warsh might look like, with his preference for a smaller balance sheet
Even after Friday's pullback, gold still registered a monthly gain of 13 per cent while silver was up 19 per cent for the month
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,55,090
Silver has done the heavy lifting already. Gold now offers better risk-adjusted returns.
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,63,960
At 46:1, Gold-Silver Ratio Enters Zone Linked to Past Silver Corrections
Silver prices have surged to record levels on the MCX, crossing ₹4 lakh per kilogram in the fastest ₹1-lakh rise ever.
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,48,460
In quantity terms, imports of both metals saw a decline
Precious metals refiner MMTC-PAMP plans to start silver recycling at its existing stores on a pilot basis within three months as rising demand threatens to create serious supply-side constraints, the company's top executive said. Managing Director and CEO Samit Guha said the company is entering silver recycling because the economics are now more favourable, while global mine production capacity shows no signs of significant expansion despite growing demand. "If silver demand keeps going the way it is, we could have serious supply-side constraints. Eventually, recycled silver will have to play a bigger role to fill this gap," Guha told PTI in an interview. He called on the government to encourage silver recycling, noting that Indian households hold an estimated 25,000 tonnes of gold and ten times that amount in silver. MMTC-PAMP operates 20 stores for gold recycling that can be adapted to handle silver. The company plans to double its store count over the next five years. "We need
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,44,060
The precious metal refining sector expects the government to address duty disparities that put domestic refiners at a disadvantage compared to imports through free trade agreements, MMTC-PAMP Managing Director and CEO Sami Guha said on Friday. "One of the expectations we've had as not just MMTC-PAMP, but as the whole precious metal refining sector has seen this disparity, which is there in duty, especially through the SEPA route between what we get as Dore versus what refined bullion is imported at," Guha said. The duty gap puts refiners at a significant disadvantage, though the government appears to be aware of the issue, he said. FTAs signed after the Single Euro Payments Area (SEPA) have excluded bullion, and the industry hopes future trade agreements follow the same approach by not including gold and silver in lower duty structures. To boost India's global standing in refining and increase the number of London Bullion Market Association-accredited refiners, the government needs
Despite strong prices, global silver ETFs have seen outflows of over 3 million ounces since the start of 2026
he rush into safe-haven assets comes on the heels of global trade tensions and renewed risk aversion
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,34,060
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,31,440
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,31,640
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,31,250
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,30,660