MCX Gold rate today: Gold prices rose for a third day on increased bets of Federal Reserve interest-rate cuts after Treasury Secretary Scott Bessent urged the US central bank to lower borrowing costs.
MCX Silver Price
When will MCX Silver Rise?
Curious about MCX silver price trends for 2025? Explore our easy-to-understand forecast, key factors driving silver prices, and expert insights on whether silver will rise.
Silver Price Analysis: In the short term, neutral biased
Silver stays firm after rallying more than 6% on Monday on investors’ flight to safety following the collapse of the Silicon Valley Bank and Signature Bank. Nevertheless, worries about a potential spread had waned. At the time of writing, the XAG/USD (Silver) exchanges hands at $21.68 a troy ounce.
Gold Prices Hit Monthly Big Gain, Silver Rates Up
Gold prices dealers in India charged premiums of up to $2 an ounce over official domestic prices, unchanged from previous week, news agency Reuters reported.
Gold Prices Today Struggle After Sharp Jump, Silver Rates Slip
Gold prices today struggled for direction today after a sharp gain in the previous session. On Free MCX Tips, gold was flat at ₹46961 per 10 gram while silver dipped to ₹63,160 per kg.
Silver Market Longer-Term Bullish Bias Maintained | Neal Bhai
Silver Market Longer-Term Bullish: “Silver saw complete rejection from the 200-day ma and sold off aggressively towards the long-term pivotal support at $21.87/17. It is considered to be a major band of support. Given that the market has spiked down to this area and recovered we will for now maintain our longer-term bullish bias.”