Category: MCX

Short-term correction for gold, silver after a continuous rally

Source: Prices of gold and silver corrected sharply on Thursday and Friday after a sharp, continuous rally. The correction is expected to continue in the short term. Silver prices (without the goods and services tax) in Mumbai’s spot market on Friday closed at Rs 46,980 per kg, or 5.4 per cent lower than yesterday’s close of Rs 49,675. The standard gold price

The PJSC Russian Aquaculture (MCX:AQUA) Share Price Is Up 563% And Shareholders Are Delighted

Source: Generally speaking, investors are inspired to be stock pickers by the potential to find the big winners. Not every pick can be a winner, but when you pick the right stock, you canwin big. For example, the PJSC Russian Aquaculture (MCX:AQUA) share price is up a whopping 563% in the last three years, a handsome return

MCX to reap the benefits as gold fever grips investors

Source: ET Intelligence Group: MCXNSE -0.15 %, India’s largest commodity exchange, will be the biggest beneficiary from increased volatility in gold prices in the listed space.  Total traded value of gold on the exchange for July and August has tripled over last year’s. Average monthly traded value for the past two months is up

Russia stocks lower at close of trade; MOEX Russia down 0.09%

Source: – Russia stocks were lower after the close on Monday, as losses in the Oil & Gas, Manufacturing and Power sectors led shares lower. At the close in Moscow, the MOEX Russia lost 0.09%. The best performers of the session on the MOEX Russia were SG mechel (MCX:MTLR), which rose 4.87% or 3.00 points to trade at 64.60 at the close.

Gold prices continue to appreciate

Source: Hyderabad: Despite high price, the yellow metal continued to be in good demand. Barring Friday when gold price took a halt, on all other days of the week, New York gold hovered around $1,500 (per oz). Finally, gold closed at $1,529.20 while silver, also followed suit at $ 17.53 (per Ounce). Platinum and

Commodity outlook: How oil, gold, base metals and agri commodities may trade in Tuesday’s session

Source: NEW DELHI: Gold prices slipped in futures trade on Tuesday, tracking the trend in overseas markets, while a fall in spot demand also weighed on.  The yellow metal ticked lower in global markets as the dollar held near multi-week highs on reduced expectations of an aggressive rate cut by the US Fed.  Oil