13 May, 08:59 - Indian

SENSEX 82254.27 (-0.21)

Nifty 50 24924.7 (0.00)

Nifty Bank 55382.85 (0.00)

Nifty IT 38282.55 (0.00)

Nifty Midcap 100 55416.05 (0.00)

Nifty Next 50 65078.55 (0.00)

Nifty Pharma 21102.7 (0.00)

Nifty Smallcap 100 16767.3 (0.00)

13 May, 08:59 - Global

NIKKEI 225 38269.89 (1.66)

HANG SENG 23137 (-1.75)

S&P 5855 (-0.37)

Login/Signup
Careers

Commodity Mid Session News

You are Here : Home > News > Commodity Mid Session News >

(20 Feb 2025, 13:04)

Gold spikes well above Rs 86000 per 10 grams on MCX

COMEX Gold futures held near record high as muted action in the US dollar index and worries over global geopolitical scenario kept the metal largely supported. Equities also continue to see choppy moves globally, keeping Gold elevated. The latest US monetary policy meeting minutes suggested that officials want to see further progress on inflation before they consider resuming lowering interest rates. While this is twisting the outlook towards US monetary easing from hereon, Gold is still appearing optimistic amid surging Gold shipments from London market. The metal currently trades at $2965 per ounce, up 1% on the day. The RBI has noted in a latest update that Precious metals, particularly gold prices, recorded sharp increases in January, supported by safe-haven demand amidst increased geo-economic and trade uncertainties. MCX Gold futures are quoting at Rs 86475 per 10 grams, up 0.66% on the day, holding onto the break above Rs 86K.
More News

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.
+91-22-25229720
+91-9769005430
>info@capitalmarket.com

For any Capital Market Website related queries mail to :
webdesk@capitalmarket.com

For Capital Market Magazine subscription queries :
+91-8657545825  

subscription@capitalmarket.com

For Capital Market Online Product related queries :
+91-8657545825  

financeshop@capitalmarket.com

To advertise on Capital Market Websites mail to :
advt@capitalmarket.com

To email Press Releases :
pressrelease@capitalmarket.com

Kindly note www.capitalmarket.com does not send any mobile SMS, whatsapp or twitter messages giving any kind of stock recommendations.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +