Mcx Gold

Gold and silver prices saw a sharp crash on March 23, with MCX gold plunging over ₹8,000 and silver hitting a 6% lower circuit. The fall comes amid rising global tensions, as the escalating US-Iran conflict fuels inflation fears and pushes crude oil prices above $110 per barrel. Higher inflation could delay interest rate cuts, making non-yielding assets like gold and silver less attractive to investors. Global bullion markets have also weakened, with gold hitting multi-month lows.

Gold and silver prices witnessed a sharp rally on MCX, with gold April futures jumping over 2% to hit ₹1.60 lakh per 10 grams and silver soaring nearly 6%. The surge comes amid escalating US-Iran tensions, a sharp fall in the dollar index, fresh tariff uncertainty after the US Supreme Court ruling, and concerns over slowing US GDP growth. Analysts expect continued volatility this week, with safe-haven demand driving momentum in bullion markets.

Gold and silver prices have skyrocketed to record highs, with gold touching nearly ₹1,06,000 per 10 grams and silver surging to ₹1,25,000 per kg. Investors and buyers are now asking — should you buy gold or silver ahead of Diwali and the upcoming wedding season? In this video, Manav Modi, Analyst at Motilal Oswal Financial Services (MOFSL), explains why bullion prices are rising sharply, the impact of the rupee’s depreciation against the US dollar, and what buyers should do during Diwali and wedding season. We also discuss whether gold or silver is the better bet in the current scenario. Watch till the end for expert insights.

Gold futures on the Multi Commodity Exchange of India have climbed 10% this year to the highest since July 2016, while overseas gold has dropped 6%

Investors are postponing their investment-based purchases in the yellow metal because of lower yields

Standard gold plummeted by a whopping Rs445 to finish at Rs24,590 per 10 gmits lowest level since 2011

Gold of 99.9 and 99.5% purity zoomed up by Rs200 each to 30,370 and Rs30,170 per ten grams, respectively

Gold of 99.9 and 99.5% purity fell by Rs30 each to Rs30,170 and Rs29,970 per ten grams, respectively

Gold of 99.9 and 99.5% purity recovered by Rs20 each to Rs30,200 and Rs30,000 per ten grams, respectively

Gold of 99.9 and 99.5% purity declined by Rs20 each to Rs30,180 and Rs29,980 per ten grams, respectively