Gold futures continued their rally at MCX, supported by geopolitical tensions and safe-haven demand, while silver faced slight decline. Read More

Oil prices saw a slight increase on Thursday due to escalating tensions between Russia and Ukraine, raising supply concerns. Despite increased U.S. crude stocks and restored output at a North Sea oilfield, the potential for OPEC+ to delay planned production increases due to weak global demand further fueled market uncertainty.Read More

Gold prices edged up for a fourth day, driven by safe-haven demand amid escalating Russia-Ukraine conflict and uncertainty surrounding U.S. interest rates. While Ukraine deployed Western missiles against Russia, investors awaited U.S. jobless claims data and Fed officials' remarks for clues on future rate decisions.Read More

There's likely to be a period of consolidation due to the stronger dollar and concerns over the potential for more US fiscal stimulus to lead to higher rates before the precious metal starts climbing again, UBS analysts including Levi Spry and Lachlan Shaw said in a note. Bullion would rise a little further, to $2,950 an ounce, by the end of 2026, they said.Read More

Delta CEO Ed Bastian said the Trump administration could address governmental "overreach" in regulation.Read More

Gold December futures contracts at MCX opened flat at Rs 75,537 per 10 grams, down by 0.07%, while silver December futures were trading at Rs 89,752 per kg, down by 1%. Gold prices have risen by Rs 2,300/10 grams in the last week, and silver surged by Rs 900/kg. The MCX opened for the evening session at 5 pm today due to the Maharashtra state elections.Read More

The Multi Commodity Exchange of India (MCX) will be closed for morning trading on November 20, 2024, due to the Maharashtra Assembly Elections. However, the evening session will proceed as usual. Indian stock exchanges, NSE and BSE, will also remain closed. This closure is in line with the 16 trading holidays announced by MCX for 2024.Read More