Silver Financial News

The MCX October gold futures were trading down by Rs 182 or 0.31% from the Tuesday closing price at Rs 58,250 per 10 gram on the MCX while the December Silver futures were trading at Rs 71,110 per kg, lower by Rs 667 or 0.93%. On Comex, Gold futures were trading at $1,914.40 per troy ounce on Wednesday, down by $5.40 or 0.28% while Silver futures were at $22.950, lower by $0.246 or 1.060%. The comex prices are at a month lows. A rising dollar index (DXY), which is now at its 10 month peak, has engineered the fall in bullion prices.

Asian Games here on Wednesday. The trio of Ashi Chouksey, Manini Koushik and Sift Kaur Samra shot a total of 1764 points in the qualification to finish second on the podium.

WA gold miner Red 5 Limited isn’t resting on its laurels after listed peer Silver Lake Resources’ sharemarket raid earlier this month. The purchase of an 11 per cent stake by Luke Tonkin’s Silver Lake didn’t just put Red 5 into play, it threw down the gauntlet to Raleigh Finlayson’s Genesis Minerals.

India's Asian Games 2023 medal campaign as the country won two silver medals — one each in rowing and shooting. Lightweight men's Double Skulls pair Arvind Singh and Arjun Lal Jat won Silver medal in rowing while the the 10m Air Rifle women's team comprising Ramita Jindal, Mehuli Ghosh and Ashi Chouksey grabbed the second spot. In both the events China won gold. In shooting, Ramita and Mehuli finished second and fifth respectively to qualify for the finals in the individual event. In rowing, the Indian pair won Bronze in the 2018 edition of Asian Games and were ranked 11th at the Tokyo Olympics. Indian rowers will fight it out in as many as nine finals this Sunday and Monday. Men's double skills pair Satnam Singh and Parminder Singh also advanced to the medal round after coming first in their repechage.

India walked toward his pickup truck late one Sunday in June after a long day at his place of worship. He and an associate discussed some upcoming programs while making their way across the large parking lot behind the Guru Nanak Sikh Gurdwara temple near Vancouver, British Columbia. It was Father's Day, and once inside his gray Dodge Ram, the leader, Hardeep Singh Nijjar, called his family and said he was heading right home.

«Domestic markets gold price came under pressure, causing strength in the rupee,» Saumil Gandhi, senior analyst of commodities at HDFC Securities, said. However, silver jumped Rs 800 to Rs 75,300 per kilogram. In the global markets, gold was down at USD 1,925 per ounce, while silver was trading higher at USD 23.70 per ounce. Comex gold fell on the back of strong US macro data that stoked expectations that the Federal Reserve will pursue a higher-for-longer stance on interest rates, Gandhi said.

₹58,730 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 58,778, and a low of ₹58,729. Around 9.20 a.m., MCX Gold for October 5 delivery traded 0.08 per cent lower at ₹58776 per 10 grams.

₹59,3155 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 59,315, and a low of ₹59,004. Around 10:05 a.m., MCX Gold for October 5 delivery traded 0.60 per cent lower at ₹59050 per 10 grams. Silver price today opened slightly higher at ₹72,970 per kg on MCX and went on to hit an intraday high of ₹72,970, and a low of ₹72,195.

Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, has said that Bitcoin (BTC), gold, and silver are "bargains" today while warning about an impending stock market crash. 

₹59,222 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 59,240, and a low of ₹59,222. Around 9.10 a.m., MCX Gold for October 5 delivery traded 0.07 per cent lower at ₹59240 per 10 grams.

Silver Lake has put itself on a fresh collision course with Raleigh Finlayson’s Genesis Minerals by acquiring a strategic stake in a gold miner that many in the market expect will be one of Mr Finlayson’s future acquisition targets.

gold could likely take a break from the ongoing bearish undertones in the medium term. The domestic prices are expected to remain steady on festive buying and a stronger dollar which will prop up the prices of dollar-priced commodities, says expert. Globally, prices of gold have declined on dollar strength which has had a rub-off impact on the domestic prices as well.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

Gold price jumped Rs 210 to Rs 59,810 per 10 grams in the national capital on Friday amid strong cues in overseas markets, according to HDFC Securities.

₹58,674.00 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 58,724, and a low of ₹58,673. Around 9.30 a.m., MCX Gold for October 5 delivery traded 0.17 per cent higher at ₹58689 per 10 grams.

₹58,550 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 58,557, and a low of ₹58,527. Around 9.30 a.m., MCX Gold for October 5 delivery traded 0.10 per cent lower at ₹58534 per 10 grams.

₹58,550 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 58,556, and a low of ₹58,533. Around 9.20 a.m., MCX Gold for October 5 delivery traded 0.15 per cent lower at ₹58540 per 10 grams. Silver price today opened at ₹71,750 per kg on MCX and went on to hit an intraday high of ₹71,750, and a low of ₹71,380.

Gold price fell by Rs 50 to Rs 60,000 per 10 grams in the national capital on Monday, according to HDFC Securities.

Dhiraj Bommadevara showed some spark when he shocked two-time Olympic team gold medallist Kim Woojin 6-2 but lost his next two matches to return empty-handed as India ended their campaign with a solitary silver medal in the 'Archery World Cup Final'. Compound archer Prathamesh Jawakar won the country's lone medal despite India fielding their biggest-ever contingent of five archers in the World Cup's season-ending grand finale. Rising Indian recurve archer Dhiraj began his campaign on a rousing note when he rallied from 0-2 to pull off an upset 28-29, 30-28, 30-28, 29-26 win over the World No.

Silver experienced some volatility at higher price levels after experiencing significant gains in the first four months of 2023. However, after every major dip, the domestic silver price has been seeing a range shift on the higher side, according to a report by Motilal Oswal Financial Services (MOFSL).

Motilal Oswal Financial Services expects this trend and the momentum in silver to continue, which could add another 15% over the next few quarters. Motilal Oswal expects silver prices to touch ₹85,000 in next 12 months. It continues to maintain its stance of ‘buy on dips.’ “After every major dip domestic silver prices have been seeing a range shift on the higher side and we expect this trend to continue.