Mcx
Latest news, explainers and analysis on Mcx. Tracking 5 stories on Arth Vani.
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Latest on Mcx
Gold Prices Surge Over 2% on MCX as Global Tensions Ease and Dollar Weakens
Gold and silver prices witnessed a sharp jump of over 2% on the Multi Commodity Exchange (MCX) following a diplomatic breakthrough between the US and Iran. This price rally is driven by a weaker dollar and lower oil prices, sparking renewed interest among Indian retail buyers.
Gold and Silver Prices Rally Pauses as Investors Track US-Iran Peace Talks
After three days of consistent gains, precious metal prices saw a slight retreat on the MCX today. The market shift comes as global investors monitor potential peace negotiations between the US and Iran, which has cooled the immediate demand for safe-haven assets.
Gold Dips Below ₹1.5 Lakh, Silver Plunges ₹20,000 in Two-Day Selloff
Precious metals witnessed a sharp correction on the MCX, with gold prices falling by ₹7,000 per 10 grams and silver crashing by ₹20,000 per kg over just two days. The selloff is driven by a surging US dollar and concerns over the US Federal Reserve’s stance on inflation.
BreakingGold and Silver Prices Drop on Global Cues: A Wedding Season Window for Indian Buyers
A signal from the US Federal Reserve regarding potential interest rate hikes has led to a price drop in gold and silver on the MCX. For Indian families in the middle of the summer wedding season, this dip offers a chance to buy jewelry at a lower cost.
BreakingGold Slumps ₹1,600, Silver Cracks ₹6,300: What Should Indian Investors Do Now?
Precious metal prices on the MCX saw a significant correction after the US Federal Reserve signaled a potential interest rate hike later this year. While gold fell by ₹1,600 per 10 grams and silver by ₹6,300 per kg, analysts suggest this as a window for profit booking and a chance for new investors to wait for better entry points.
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