The rally in the previous metal prices has been led by strong fundamentals and geopolitical tensions, and analysts believe MCX silver rate may touch ₹1,00,000 per kg soon. “Silver price has breached $31 level and the next target is set at $34 level. Thus, we believe the silver rate to […]
Bullion prices
Gold rate on Multi Commodity Exchange (MCX) rose and Silver price jumped above 91,100 level tracking gains in international bullion prices amid interest rate cut hopes. MCX gold rate rose 0.05%, or by ₹39, to ₹73,750 per 10 grams on Friday. The yellow metal made a high of ₹73,782 and […]
At 1304 GMT, spot gold surged by 0.9% to $2,396.81 per ounce. Bullion prices have climbed by 1.5% this week, following a one-month high on Thursday. In the meantime, gold futures for June delivery in the U.S. concluded 0.4% lower, settling at 2385.50 per ounce. “Gold prices inched higher, hovering […]