Gold prices slumped by Rs 450 to Rs 73,600 per 10 grams in the national capital on Wednesday, extending losses for the third straight session amid a decline in precious metal rates in the overseas markets. In the previous session, the yellow metal of 99.9 per cent purity had closed at Rs 74,050 per 10 … Read more
What happened to gold and silver last week? What’s the outlook for these commodities this week? And how might the Fed’s actions impact gold in the near future? ET Markets discussed these questions with Naveen Mathur, Director of Commodities & Currencies at Anand Rathi Shares and Stock Brokers, in this week’s ET Commodity Talk. Excerpts: … Read more
With fast-growing industries of solar panels and electric vehicles driving the demand for silver, the price of the industrial metal is seen surging to Rs 1 lakh a kg in the next one year and up to Rs 92,000 per kg within the next 3 months. “Silver being an industrial metal, may benefit from upside … Read more
