Gold, silver ETF assets surpass Rs 3 lakh crore AUM: Data
Mumbai, Feb 11 (IANS) The combined assets under management (AUM) of gold and silver exchange‑traded funds (ETFs) touched record highs, crossing Rs 3 lakh crore in January, according to the data from the Association of Mutual Funds in India (AMFI). The surge marked a near‑threefold rise in five months from Rs 1 lakh crore in […]
Gold, silver continue to decline as CME margin requirements hike set to take effect
Mumbai, Feb 2 (IANS) Gold and silver extended their decline on Monday, as hike in margin requirements are set to take effect on Chicago Merchantile Exchange (CME) in the US. MCX gold February futures fell 1.77 per cent to Rs 1,45,132 per 10 grams on an intra-day basis. Meanwhile MCX silver March futures dipped 6.88 […]
Gold, silver hit record highs as global tensions push investors to safe havens
Mumbai, Jan 20 (IANS) Gold and silver prices surged to fresh record highs on the Multi Commodity Exchange (MCX) on Tuesday as investors rushed towards safe-haven assets amid rising global trade and geopolitical tensions. February gold futures opened higher at Rs 1,45,775 per 10 grams, compared to the previous close of Rs 1,45,639. During the […]
Gold, silver rally as US-Venezuela tensions spark safe-haven buying
New Delhi, Jan 5 (IANS) Gold and silver prices started the week on a strong note on Monday as rising global tensions pushed investors towards safe-haven assets. Precious metals witnessed sharp gains after a US military operation in Venezuela over the weekend added fresh uncertainty to the global geopolitical landscape. On the Multi Commodity Exchange […]
Venezuela crisis may drive safe-haven demand for gold, silver
Mumbai, Jan 4 (IANS) Global markets are set to begin the first full trading week of 2026 on edge after a major geopolitical shock involving Venezuela, a country with the world’s largest oil reserves. Investor focus has shifted sharply to safe-haven assets like gold and silver, while oil prices are expected to move higher amid […]
Gold, silver see strong upswing; Fed decision in focus
New Delhi, Nov 26 (IANS) Gold and silver prices surged sharply on Wednesday, with both precious metals becoming costlier by up to Rs 2,700 amid strong momentum in global markets. According to the India Bullion Jewellers Association (IBJA), the price of 10 grams of 24-carat gold climbed Rs 962 to Rs 1,26,081, compared to Rs […]
Bank customers rush to buy gold amid woes over rates, Trump policies
Seoul, Feb 12 (IANS) Bank customers are rushing to buy gold on dashed hopes for early rate cuts by the Federal Reserve (Fed) and woes over the policies of US President Donald Trump’s administration, industry data showed on Wednesday. According to the data, the country’s top five banks — KB Kookmin, Shinhan, Hana, Woori and […]
