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Key Takeaways: Gold and silver prices are trading higher in domestic and international markets. Rising bets on the US central bank cutting rates sooner have led to a decline in the dollar index and treasury yields. Interest rate expectations are falling globally, supporting gold and silver prices. Technical indicators suggest bullish momentum for gold, with…

Key Takeaways: Gold and silver prices rose on the MCX for the second consecutive day on June 7, 2024. Gold futures for August 5, 2024, increased by Rs 341 per 10 grams, while silver futures for July 5, 2024, witnessed a hike of Rs 559 per kg. Prices of gold and silver in major Indian…

Key Takeaways: Both Gold and Silver prices increased on the Multi Commodity Index on Friday. The average price of 10 gram of 22K Gold stood at ₹67,600, while 24K gold prices stood at ₹73,750. The rate of 10 grams of 24K gold in Chennai stood at ₹74,620, followed by Delhi and Jaipur where the gold…

**Key Takeaways:** – UBS has increased its price forecasts for silver and expects it to outperform gold in the near future. – The bank believes that silver will benefit from increased industrial demand and its role as a safe-haven asset. – Investors may consider adding silver to their portfolios as part of a diversified strategy.…

Key Takeaways: UBS has increased their silver price forecasts, expecting silver to outperform gold in the near future. 2024 year-end price target for silver is $36, with an average of $30.5, up 20% and 14% from previous forecasts. Industrial demand for silver, particularly in the solar sector, has been on the rise. Despite concerns of…

Key Takeaways: Silver price rose above US$30 per ounce due to a surge in the gold price, leading to increased demand for silver. Futures exchanges and exchange-traded funds are experiencing a drain in silver supply, which could lead to a shortage in the next 12 to 24 months. Peter Krauth is not concerned about silver…

Key Takeaways: Gold and silver prices increased on the MCX on June 6, 2024. Gold futures for August 5, 2024, rose by Rs 419 or 0.58% to Rs 72,937 per 10 grams. Silver futures for July 5, 2024, went up by Rs 1,155 or 1.28% to Rs 91,599 per kg. City-wise gold and silver prices…

Key Takeaways Gold prices saw a slight decrease on Thursday. 24 carat gold is priced at Rs.7357.0 per gm. 22 carat gold is priced at Rs.6739.0 per gm. Silver is priced at Rs.88710.0 per kg. Gold and Silver prices in Delhi, Chennai, Mumbai, and Kolkata are outlined. Gold and Silver MCX futures are trading with…

Key Takeaways U.S. bond yields are facing pressure due to signs of a slowing labor market, potentially leading to a Fed interest rate cut in September. Global central banks are making significant moves, with the European Central Bank expected to announce an interest rate cut. The silver market is supported by expectations of a slowing…

Key Takeaways: As of 9 a.m., silver is trading at $30.16 per ounce. The price of silver has increased by 26.07% year to date. Silver Price Update As of the latest market update at 9 a.m., the price of silver is currently trading at $30.16 per ounce. This represents a significant increase of 26.07% year…