Gold prices rose on the Multi Commodity Exchange of India (MCX) after US-Iran talks ended without a deal, heightening geopolitical uncertainty. April gold futures gained nearly ₹500, while silver surged almost 3% in early trade.
Gold and silver prices on MCX tumbled on Friday amid profit booking, weak global cues, and a stronger US dollar. April gold futures fell nearly ₹2,700 to ₹1,49,396 per 10 grams, while silver March contracts dropped ₹14,600 to ₹2,29,187 per kg.
Gold prices fell in both international and domestic markets on Thursday after easing geopolitical tensions over Greenland boosted the US dollar.
Gold prices in Delhi climbed again on Wednesday, extending their early-January rally. With rates hovering near recent highs and demand building, buyers face a key question: buy now or wait for a dip? The trend may hold clues.
Gold prices opened lower at the start of the week, with 24-carat gold trading near ₹1.36 lakh per 10 grams in major cities. Silver prices also slipped slightly. Despite the dip, both metals have shown strong weekly and yearly performance.
Gold prices in Delhi surged ₹2,000 per 10 grams to ₹1,27,900 amid strong global cues, while silver jumped ₹5,540 to ₹1,61,300 per kg. Global market trends and U.S. economic optimism fueled this sharp rise in precious metals.
Gold and silver prices in India surged amid global optimism and hopes of U.S. Fed rate cuts. Domestic futures rose sharply, supported by a weaker dollar and strong safe-haven demand as investors eye continued central bank buying worldwide.
As Delhi’s bullion markets buzz again, investors face a glittering dilemma stick to gold’s timeless stability or chase silver’s rising shine? With prices soaring and sentiment shifting, the city’s traders are quietly betting on one metal to outshine the other.
After a short-lived uptick, gold and silver prices dropped across India on November 8. Delhi, Mumbai, Chennai, and other cities saw marginal declines, while global trends suggest temporary weakness before a potential long-term rally.
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