Mcx
Latest news, explainers and analysis on Mcx. Tracking 7 stories on Arth Vani.
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Latest on Mcx
BreakingDussehra Stock Market Holiday: BSE, NSE, MCX Trading Date for Oct 20/21 Awaits Confirmation
Indian stock and commodity exchanges, including BSE, NSE, and MCX, are anticipated to observe a trading holiday for Dussehra. However, the exact date for this closure, whether October 20 or October 21, is currently awaiting official confirmation. Market participants are advised to monitor official announcements closely for clarity on when trading will be suspended.
BreakingGold, Silver Prices Surge 1% on MCX Ahead of US CPI Data, Geopolitical Risks
Gold and silver prices saw a significant jump of up to 1% on the MCX on Wednesday, August 12. This rally was driven by a positive global market trend, robust domestic spot demand, and the looming concerns of Middle East conflicts acting as a safe-haven catalyst, alongside anticipation for key US inflation data.
Gold Prices Surge Over 2% on MCX as Global Tensions Ease and Dollar Weakens
Gold and silver prices witnessed a sharp jump of over 2% on the Multi Commodity Exchange (MCX) following a diplomatic breakthrough between the US and Iran. This price rally is driven by a weaker dollar and lower oil prices, sparking renewed interest among Indian retail buyers.
Gold and Silver Prices Rally Pauses as Investors Track US-Iran Peace Talks
After three days of consistent gains, precious metal prices saw a slight retreat on the MCX today. The market shift comes as global investors monitor potential peace negotiations between the US and Iran, which has cooled the immediate demand for safe-haven assets.
Gold Dips Below ₹1.5 Lakh, Silver Plunges ₹20,000 in Two-Day Selloff
Precious metals witnessed a sharp correction on the MCX, with gold prices falling by ₹7,000 per 10 grams and silver crashing by ₹20,000 per kg over just two days. The selloff is driven by a surging US dollar and concerns over the US Federal Reserve’s stance on inflation.
BreakingGold and Silver Prices Drop on Global Cues: A Wedding Season Window for Indian Buyers
A signal from the US Federal Reserve regarding potential interest rate hikes has led to a price drop in gold and silver on the MCX. For Indian families in the middle of the summer wedding season, this dip offers a chance to buy jewelry at a lower cost.
BreakingGold Slumps ₹1,600, Silver Cracks ₹6,300: What Should Indian Investors Do Now?
Precious metal prices on the MCX saw a significant correction after the US Federal Reserve signaled a potential interest rate hike later this year. While gold fell by ₹1,600 per 10 grams and silver by ₹6,300 per kg, analysts suggest this as a window for profit booking and a chance for new investors to wait for better entry points.
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