Mon, Dec 30, 2024
Gold rates rose in the domestic futures market on Monday, December 30, driven by escalating Middle East tensions, while a stable dollar and US bond yields also impacted market sentiment.
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Fri, Dec 27, 2024
Investors are closely watching economic cues from the US and speculating on the Federal Reserve's interest rate trajectory for 2025.
Thu, Dec 26, 2024
Gold gains momentum with a rise of Rs 30 per gram, while silver holds firm in the market.
Mon, Nov 29, 2021
December Gold futures were up almost 0.60 per cent or Rs 282 from the Friday closing price and were trading at Rs 47,867 per 10 grams. Meanwhile, the December Silver Futures were also dearer by Rs 736 or 1.2 per cent and were trading at Rs 62,781 per kg
Thu, Nov 25, 2021
MCX December Gold and Silver Futures were trading with a positive bias on Thursday. While the yellow metal gained Rs 112 per 10 gram around 2:50 pm, Silver futures were up by Rs 407 per kg from the last closing price on Wednesday
Tue, Nov 23, 2021
MCX December Gold and Silver futures are expected to trade in a range according to a report by Motilal Oswal. It sees support at Rs 47,450-$7,200 and resistance at Rs 47,900-48,100. As for Silver futures, support is seen at Rs 63,100-62,700 and resistance is seen at Rs 64,200-64,600, this report said
Mon, Nov 22, 2021
After hitting a two-week low last week, the yellow metal managed to salvaged some ground on the back of a US Dollar retreat. The dollar index fell 0.1 per cent, retreating from Friday's high, a Reuters report said. A weaker dollar reduces bullion's cost to buyers holding other currencies
Thu, Nov 04, 2021
Expert Anuj Gupta, Vice President (VP), Commodity and Currency Research at IIFL Securities recommends a Buy on December Gold futures at Rs 47,300 with a stop loss at Rs 46,900 and target at Rs 48,000
Wed, Oct 27, 2021
Silver has outperformed gold in the recent run, however, it was trading nearly Rs 200 down on the Multi Commodity Exchange (MCX) on Wednesday
Tue, Oct 26, 2021
MCX December Gold futures were cheaper by Rs 260 on Tuesday from the Monday closing price at around 6:20 pm. December Silver futures were trading down by Rs 586
Mon, Oct 25, 2021
MCX Gold futures were trading at Rs 48,106 per 10 gram around this time and was up 0.65 per cent from the Friday closing price. Meanwhile, the MCX Silver futures were also up 0.47 per cent and were trading at Rs 65,965 per kg
Multi Commodity Exchange (MCX) fell by over 4 per cent on Monday, after the company reported 44 per cent decline in consolidated net profit at Rs 32.66 crore for the quarter ended September 2021.
Thu, Oct 21, 2021
Motilal Oswal report expects the Gold Futures to trade with a positive bias. The support is place between Rs 47,300 and Rs 47,000 while the resistance is place between Rs 47,660 and Rs 47,800
Wed, Oct 20, 2021
technical analyst Anuj Gupta recommended a buy at Rs 47,200 with as stop loss at Rs 47,000 and price target at Rs 47,800. He recommended buying in December Silver futures for a target of Rs 65,400 and a stop loss at Rs 63,600
Tue, Oct 19, 2021
Crude oil prices rose Rs 43 to Rs 6,188 per barrel on Tuesday.
Rakesh Jhunjhunwala, the big bull of the Indian stock market, has cut his position in two shares.
Thu, Oct 14, 2021
MCX December Gold futures were trading at Rs 47,975 per 10 gm, up by Rs 59 or 0.12 per cent from the Wednesday closing price around 7:15 pm. Expert Anuj Gupta, Vice President (VP), Commodity and Currency Research at IIFL Securities recommends Buy at Rs 47,700 with a stop loss of Rs 47,200 while the target price at Rs 48,500
outlook remains strong for crude oil and natural gas, analyst Anuj Gupta said. Gupta, who is Vice President (VP), Commodity and Currency Research at IIFL Securities said that brent crude could test USD 90 over the next 8-10 weeks. Meanwhile, natural gas could reach targets around USD 7. On the MCX, it may cross Rs 500 per mmBtu, he added
Shares of MCX might have underperformed so far in the year 2021 but have rallied over 24 percent in a month alone which suggests momentum is building in the stock.
Tue, Oct 12, 2021
Brokerage firm Motilal Oswal expects MCX Gold Futures to trade in a higher range with resistance between Rs 47,230 and Rs 47,385 and support between Rs 46,925 and Rs 46,765. The Gold Futures were trading at Rs 47199 around this time
Thu, Oct 07, 2021
Brokerage firm Motilal Oswal expects MCX Gold to trade in a higher range. It puts a support zone between Rs 46,690 and Rs 46,450 whereas the support between Rs 47,000 and Rs 47,135. Dip buying near support is advised
Tue, Oct 05, 2021
The prices took cues from the international markets where gains in the US Dollar depressed gold prices, which eased 0.7 per cent to USD 1,757 per ounce, Reuters reported. On Monday, it rose to its highest levels since 23 September, it said
Thu, Sep 30, 2021
Tata Consultancy Services (TCS) has partnered with the Multi Commodity Exchange of India (MCX) to transform the exchange’s core systems and support future growth, the IT major informs exchanges in its filing on Thursday.
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