(Gold Silver Reports) Gold and Silver prices today: Positive global cues and easing expectations of aggressive rate hikes by the US Federal Reserve boosted precious metals, with gold and silver prices on the MCX jumping up to 2% on Friday, 3 July, morning.
Commodity Market
Crude Oil Prices Crash 42% From April Peak: Will Oil Prices Fall Further?
Global crude oil prices have seen a massive decline after months of uncertainty and sharp volatility caused by geopolitical tensions in the Middle East. The recent peace agreement between the United States and Iran has helped ease supply concerns, leading to a sharp fall in oil prices.
Silver Jumps ₹7,200/kg, Gold Rises ₹3,300 per 10 gm After Iran-US Peace Deal: Should You Invest Now?
Gold and silver prices witnessed a strong rally on Monday as investors reacted positively to the recent peace agreement between Iran and the United States. The easing of geopolitical tensions boosted confidence across global financial markets and triggered fresh buying in precious metals.
Silver Rate Today Falls 2% to ₹2.34 Lakh Amid Strong Dollar and Rising Crude Oil Prices
Silver rate today: Silver prices in India fell sharply on Wednesday, extending recent losses as investors reacted to a stronger US dollar, rising crude oil prices and growing expectations of higher interest rates. The decline came as renewed military tensions between the United States and Iran heightened concerns about inflation, prompting markets to reassess the outlook for monetary policy.
MCX Gold Price Outlook: Gold Falls Nearly 2% Last Week, More Downside Risk Ahead
MCX Gold Price Outlook: MCX Gold prices witnessed a sharp decline of nearly 2% last week, indicating a change in market sentiment. The recent fall suggests that the strong bullish trend seen earlier is losing momentum, while sellers are gaining control.