Gold Price Today: Yellow Metal Crawls, Silver Shows Good Rise
Yellow metal prices crawled upwards on Tuesday as on the MCX, gold October futures were trading at Rs 47,239 per 10 grams, just Rs 14 up from the previous close of Rs 47,225.
Silver prices however moved up significantly, as on the MCX, silver September futures rose by Rs 193 to trade at Rs 63,650 per kg. They had ended at Rs 63,457 per kg during the previous session.
Globally, gold prices maintained their stability, as spot gold was at $1,787.90 per ounce, after hitting its highest since August 6, 2021 at $1,788.97 on Monday. US gold futures eased by 0.1 per cent to $1,788.40.
“COMEX gold trades marginally lower near $1788 per ounce after a 0.7 per cent gain yesterday. Gold is pressurized by some hawkish Fed comments, persistent strength in US equities and continuing ETF outflows. However, supporting gold price is disappointing US and Chinese economic data, rising virus cases and increasing tensions relating to Afghanistan. Gold may remain supported by increasing economic challenges and geopolitical risks however we need to see a break above $1800 per ounce for a sustained rise,” said Ravindra Rao, Head of Commodity Research at Kotak Securities.
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Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
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Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
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India Exports Capital. Why Not Export Trusteeship?
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France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
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You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
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Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
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FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.
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Everything, Everywhere, All At Once: Dalal Street's Week To Forget | Joining The Dots
Visa curbs, a Starlink spat and cancer drug caps: what connects this week's shocks for Indian markets
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India Is Going Abroad For Critical Minerals. But It May Take Years To Pay Off | The Reason Why
Although India's steps are in the right direction, they remain modest compared with India's growing dependence.
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When Everyone Has AI, What Gives You An Edge?
India's young workforce is entering an uncertain world of work where powerful AI tools are becoming widely accessible. The advantage will belong to those who combine deep expertise with digital fluency, and the distinctly human capabilities that technology cannot manufacture.
