Global and Macroeconomic Drivers like Weakening Dollar & Fed Rate Cut Expectations, Gold prices are rising on MCX—with October futures near ₹1,06,670 per 10g—as optimism grows around a potential US Federal Reserve rate cut, softened dollar, and elevated safe-haven demand amid global economic uncertainties. Also Persistent Uncertainty & Tariff Tensions Spurred by trade tensions, tariff […]
Today: Gold prices dropped by Rs 154 to Rs 90,721 per 10 grams in futures trading on Wednesday due to subdued demand in the spot market. This drop came post gold contracts for June delivery surged to an all-time high of Rs 91,400 per 10 grams on MCX Multi Commodity Exchange on Tuesday, April 1. In the global market, gold […]
Article by Hiral Jamindar After instability in Middle East tensions, bullion market saw hike with Gold and silver prices in India continued their rally, lifted by a surge in global rates. On MCX, gold futures prices on Friday rised over 2% or ₹850 to ₹40,130 per 10 gram, adding ₹2,000 per 10 gram in just two weeks. Following […]
