Silver and gold are expected to extend their gains next week as investors sought safety in safe-haven assets amid renewed trade tensions following US President Donald Trump's decision to raise global tariffs and rising geopolitical strains in the Middle East, analysts said. Market participants will closely watch key economic indicators, including the US Producer Price Index (PPI), consumer confidence data, weekly initial jobless claims and the People's Bank of China's lending rate decision, for cues on the direction of precious metals, they added. "Markets are awaiting the US producer price index (PPI), housing data, consumer confidence, regional Fed indicators, and the People's Bank of China's prime rate decision," Choice Broking said. The brokerage firm said escalating geopolitical risks and Trump's move to raise global tariffs after the US Supreme Court's ruling have revived trade uncertainties and strengthened safe-haven demand for bullion. On the Multi Commodity Exchange, silv
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,44,260
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,460
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,390
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,44,590
Precious metal prices are expected to witness further consolidation in the next week, with volatility likely to persist as investors track key US economic data, including inflation numbers, GDP readings and policy signals from Federal Reserve, analysts said. Traders will also closely watch the US labour data, along with Federal Open Market Committee (FOMC) meeting minutes and speeches from Fed officials, for cues on the timing and pace of potential rate cuts, they added. Pranav Mer, Vice President, EBG, Commodity & Currency Research, JM Financial Services Ltd, said gold and silver prices may continue to see more consolidative moves but volatility will prevail with focus on incoming US data on GDP and the Personal Consumption Expenditures (PCE) inflation numbers and Federal Reserve official's commentary. On the domestic front, silver futures on the Multi Commodity Exchange (MCX) declined Rs 5,532, or 2.2 per cent, while gold rose Rs 444, or 0.3 per cent, over the past week. "Gold ..
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,42,790
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,45,190
Angel One Silver ETF will allow investment through NSE on an ongoing basis, while the FoF will allow participation even without a demat account.
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,44,760
Instead of chasing high prices, new investors must enter through systematic investment plans with a horizon of five years
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,43,550
In geopolitical news, the White House said that diplomacy is President Donald Trump's first choice for dealing with Iran and he will wait to see whether a deal can be struck at high-stakes talks
The surge of precious metals came to a sudden halt at the end of last week, with silver seeing its biggest ever daily drop on Friday and gold plunging the most since 2013
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,40,390
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.