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  • Gold slips as silver price surges

    Gold slips as silver price surges

    Key Takeaways: Gold prices fell by Rs50 to Rs72,350 per 10 grams in New Delhi on Tuesday Silver prices rose by Rs400 to Rs91,300 per kg in the national capital Commodity markets were partially closed on Monday due to Eid ul-Adha International spot gold prices at Comex were down to $2,319 per ounce Analysts attribute…

  • XAG/USD stands strong above $29 as Fed rate-cut speculation soars

    XAG/USD stands strong above $29 as Fed rate-cut speculation soars

    Key Takeaways: Silver price remains stable at the $29.00 support level as investors anticipate Fed policy normalization in September. US bond yields are rebounding as Fed officials advocate for only one rate cut this year. Investor focus is shifting towards preliminary US S&P Global PMIs for June. Silver Price Stability Amid Fed Speculation: In the…

  • Today’s Gold Prices: Opening at Rs 71,657 for 10 grams, Silver at Rs 88,856 per kg

    Today’s Gold Prices: Opening at Rs 71,657 for 10 grams, Silver at Rs 88,856 per kg

    **Key Takeaways:** – MCX gold August contracts opened lower at Rs 71,657 per 10 grams, while MCX silver July contracts were down at Rs 88,856/kg. – Gold prices stabilized after a slight increase and closed higher, remaining within a narrow range. – Fed officials are considering a rate cut later this year if conditions align,…

  • Hot Gold and Silver Prices Today: Gold Drops Below Rs 71,700, Silver Below Rs 88,900 – Time to Buy or Sell?

    Hot Gold and Silver Prices Today: Gold Drops Below Rs 71,700, Silver Below Rs 88,900 – Time to Buy or Sell?

    Key Takeaways: MCX gold futures traded flat with negative bias at Rs 71,682 per 10 gm. MCX Silver futures were down 0.22 percent at Rs 88,882 per kg. Experts recommend buying gold and silver futures on dips for potential profits. COMEX gold in the international market dipped by 0.12 percent. Short term bias for spot…

  • New Highs: Gold and Silver Prices Soar Today on MCX (June 18, 2024)

    New Highs: Gold and Silver Prices Soar Today on MCX (June 18, 2024)

    Key Takeaways: Gold and silver prices surged on the MCX on June 18, 2024. Gold futures for August 5, 2024, increased by Rs 230 to Rs 71,680 per 10 grams. Silver futures for July 5, 2024, rose by Rs 409 to Rs 89,229 per kg. Prices of gold and silver in major cities like New…

  • Breaking News: Silver Prices Plunge Below Rs 90,000 in Ahmedabad!

    Breaking News: Silver Prices Plunge Below Rs 90,000 in Ahmedabad!

    ## Key Takeaways: – Silver prices in Ahmedabad dipped below Rs 90,000 per kg mark after a month-long rally, currently standing at Rs 89,700. – The cooling of price can be attributed to macroeconomic factors such as a stronger dollar and higher Treasury yields. – Investors are closely monitoring US economic data and the Federal…

  • XAG/USD Holds Steady at $29.50: Consolidating for a Strong Move

    XAG/USD Holds Steady at $29.50: Consolidating for a Strong Move

    Key Takeaways: Silver maintains gains above $29.50 for the second day, fueled by rate cut speculation. The metal shows a neutral to downward bias with support at the 50-DMA near $29.01. Key resistance levels are at $30.25 and $31.00, with the YTD high at $32.51 in sight. Technical Price Analysis of XAG/USD: Silver has rebounded…

  • Unlock wealth with pure silver bars now!

    Unlock wealth with pure silver bars now!

    ๐Ÿšจ Attention Precious Metals Investors ๐Ÿšจ I couldn’t believe what I saw in the full-page ad last week for “heavy silver bars” – talk about SHAMEFUL and DECEPTIVE! ๐Ÿ’ธ Don’t fall for the false promises of drastically reduced prices on silver if you live in the right zip code and act within 2 days. ๐Ÿšซ…

  • Unlocking the Mystery of Chinese Silver Prices Compared to London and New York | Latest Investing News for 2024

    Unlocking the Mystery of Chinese Silver Prices Compared to London and New York | Latest Investing News for 2024

    **Key Takeaways:** – Silver prices in China differ from those quoted in London or New York due to various factors including market differences and taxation. – Chinese silver prices have been rising more sharply than prices in London and New York since 2023, driven by strong demand from industrial users, jewelry buyers, and investors. –…

  • Boost profits with new tax increase on jewellery imports!

    Boost profits with new tax increase on jewellery imports!

    ๐ŸŒŸ Attention precious metals investors! ๐ŸŒŸ ๐Ÿ”” Important Update: The Indian government has raised the import duty on gold and silver findings for making jewellery, as well as on precious metal coins. ๐Ÿ›ก๏ธ Now set at 15%, up from 11%, effective Jan. 22. This move brings them in line with duties on gold and silver…

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