Silver futures decline 10%, check MCX prices| India News

Gold, silver rates today LIVE updates: The price of gold in Lucknow today is ₹15,457 per gram for 24 karat gold, ₹14,170 per gram for 22 karat gold and ₹11,597 per gram for 18 karat gold.

Gold, silver rates today LIVE updates: Silver prices across major cities (per 10 grams)

Bengaluru: ₹3,311

Chennai: ₹3,341

Delhi: ₹3,371

Kolkata: ₹3,321

Mumbai: ₹3,361

Pune: ₹3,381

Gold, silver rates today LIVE updates: The silver prices dropped sharply, sliding 9% to ₹2,44,654 on the MCX.

Gold, silver rates today LIVE updates: The price of gold in Chennai today is ₹15,622 per gram for 24 karat gold, ₹14,320 per gram for 22 karat gold and ₹12,250 per gram for 18 karat gold.

Gold, silver rates today LIVE updates: Gold and silver prices declined sharply on Thursday, tracking a broader market selloff as the dollar climbed to a near two-week high.

Spot gold fell 0.9% to $4,917.61 an ounce, retreating from a near one-week high earlier in the session after sliding almost 4% at one point. U.S. gold futures for April delivery slipped 0.3% to $4,936.30 an ounce.

Gold, silver rates today LIVE updates: The price of gold in Bangalore today is ₹15,442 per gram for 24 karat gold, ₹14,155 per gram for 22 karat gold and ₹11,582 per gram for 18 karat gold.

Gold, silver rates today LIVE updates: In Bhubaneswar, rates stood at ₹1,46,190 for 22-carat gold and ₹1,59,480 for 24-carat gold.

Gold, silver rates today LIVE updates: Bhopal saw 22-carat gold at ₹1,46,390 and 24-carat gold at ₹1,59,680.

Gold, silver rates today LIVE updates: Amritsar recorded prices of ₹1,46,480 for 22-carat and ₹1,59,770 for 24-carat gold.

Gold, silver rates today LIVE updates: In Ahmedabad, 22-carat gold was priced at ₹1,46,380, while 24-carat gold stood at ₹1,59,670.

Gold, silver rates today LIVE updates: Pune recorded gold rates of ₹1,46,320 (22-carat) and ₹1,59,610 (24-carat).

Gold, silver rates today LIVE updates: Kolkata saw gold priced at ₹1,46,280 for 22-carat and ₹1,59,570 for 24-carat.

Gold and silver prices fell sharply on Thursday, ending a two-day recovery, as weakness in global markets and a stronger US dollar weighed on precious metals.

On the Multi Commodity Exchange (MCX), silver futures for March delivery plunged 10 per cent, or ₹26,850, to ₹2,42,000 per kg, after closing at ₹2,68,850 per kg in the previous session.

Gold futures for April delivery also declined, slipping 1.51 per cent or ₹2,310 to ₹1,50,736 per 10 grams, compared with Wednesday’s close of ₹1,53,046 per 10 grams.

Gold, silver rates today LIVE: Gold prices have internationally plunged by 3% on Thursday. The development comes days after prices of the precious metal saw a big crash towards the end of January.

Check latest prices in metro cities today:

Bengaluru: ₹1,59,560

Chennai: ₹1,62,680

Delhi: ₹1,59,730

Kolkata: ₹1,59,570

Mumbai: ₹1,59,590

Pune: ₹1,59,610

Gold, silver rates today LIVE updates: In Hyderabad, rates stood at ₹1,46,310 for 22-carat and ₹1,59,600 for 24-carat gold.

Gold, silver rates today LIVE updates: In Bengaluru, gold was priced at ₹1,46,270 (22-carat) and ₹1,59,560 (24-carat).

Gold, silver rates today LIVE updates: Chennai recorded higher rates, with 22-carat gold at ₹1,49,120 and 24-carat gold at ₹1,62,680.

Gold, silver rates today LIVE updates: Mumbai saw gold priced at ₹1,46,300 for 22-carat and ₹1,59,590 for 24-carat.

Gold, silver rates today LIVE updates: In Delhi, 22-carat gold was priced at ₹1,46,440, while 24-carat gold stood at ₹1,59,730.

Gold, silver rates today LIVE updates: The US dollar got a boost after the nomination of Warsh, helping it gain momentum in the markets, according to KCM chief trade analyst Tim Waterer. He said the recent sharp swings in prices have made traders more cautious about investing in gold.

On Thursday, the dollar climbed to a near two-week high, which made gold, priced in dollars, costlier for buyers using other currencies, adding pressure on prices.

Market sentiment has weakened across asset classes, including precious metals, cryptocurrencies and regional equities, OCBC strategist Christopher Wong said. He noted that losses are feeding into one another, especially in thin trading conditions, worsening the overall sell-off.

(Reuters)

Gold, silver rates today LIVE updates: Gold and silver prices dropped sharply on Thursday amid a wider market sell-off, as a stronger dollar and signs of easing US-China trade tensions weighed on precious metals.

Spot gold fell 1.7% to $4,876.12 per ounce by 0402 GMT, slipping from a near one-week high touched earlier in the session. Meanwhile, US gold futures for April delivery declined 1.1% to $4,896.30 per ounce. Spot silver slumped 12.4%, falling to $77.09 an ounce.

(Reuters)

Gold, silver rates today LIVE updates: In the commodities market in India, silver prices dropped sharply, sliding 9% to ₹2,44,654 on the MCX. Gold also weakened, falling 1.25% to ₹1,51,127 per 24-carat, reflecting a cautious mood across markets.

(ANI)

Gold, silver rates today LIVE updates: In the Asian market, silver plunged by as much as 15%, while gold fell up to 3.5%, marking a sharp reversal after two days of recovery from a historic market sell-off that began on Friday.

The precious metals came under pressure because of a global sell-off in technology stocks that spread to Asian markets as investors grew increasingly nervous about high valuations and heavy spending on artificial intelligence. As risk aversion rose, investors cut back on exposure across markets.

(Bloomberg)

Gold, silver rates today LIVE updates: Precious metals came under heavy pressure in Asian markets, with silver plunging as much as 13%, while gold erased its early gains and slipped up to 2.7% during trading.

Gold, silver rates today LIVE updates: The rally in prices lost momentum toward the end of last week, with silver recording its steepest one-day fall and gold seeing its biggest drop since 2013.

Despite this correction, analysts and investors said the core factors supporting gold prices are still in place. Several banks continued to expect a recovery, with Deutsche Bank maintaining its target of $6,000 an ounce, while Goldman Sachs has flagged strong upside risks to its $5,400 year-end forecast.

(Bloomberg)