Gold and silver prices slipped in India as easing geopolitical tensions and falling oil prices weakened demand for safe-haven assets. Meanwhile, SK Hynix rallied over 11% after unveiling plans for a blockbuster Nasdaq listing that could raise nearly $29.6 billion.
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Gold and silver prices slipped in India as easing geopolitical tensions and falling oil prices weakened demand for safe-haven assets. Meanwhile, SK Hynix rallied over 11% after unveiling plans for a blockbuster Nasdaq listing that could raise nearly $29.6 billion.
Gold and silver prices have witnessed a dramatic reversal after a historic rally, with gold falling nearly 24% from its peak and silver suffering its steepest quarterly decline since 2022. A tech-stock selloff, hawkish US Federal Reserve outlook, strengthening dollar, and easing geopolitical tensions have weighed heavily on bullion markets, pushing MCX gold and silver sharply lower. Investors are now closely watching upcoming US inflation data for clues on the future direction of precious metals.
Gold and silver prices rallied sharply even as markets anticipated a US-Iran peace agreement that should have weakened safe-haven demand. Instead, lower oil prices, softer Treasury yields, a weaker dollar, rising ETF and central bank demand, and expectations of a more dovish Federal Reserve fueled a powerful rebound in precious metals. Here's why gold and silver are defying conventional market logic and what investors should watch next.
Spot gold was up 0.1% at $2,795.92 an ounce, up almost 1% for the week. Prices reached an all-time high of $2,799.71 earlier in the session.
Spot gold was barely changed at $2,671.79 per ounce. At $2,774.50, U.S. gold futures increased by 0.2%.
Spot gold remained stable at $2,765.35 an ounce. At $2,772.10, U.S. gold futures increased by 0.2%.
The National Stock Exchange (NSE) will launch derivatives on the Nifty India FPI 150 Index from August 12 after receiving SEBI approval. The new futures and options contracts are expected to strengthen risk management, improve market liquidity, and provide foreign investors with a diversified benchmark for Indian equities.
Indian benchmark indices ended largely unchanged on July 16, 2026, with IT and Auto stocks supporting the market while Realty and Financial Services lagged. Rising Brent crude prices, fresh US-Iran tensions, weak global cues, and profit booking ahead of the Q1 earnings season kept investor sentiment cautious despite selective sectoral gains.
Sensex and Nifty ended nearly flat after recovering from sharp early losses. A strong rally in TCS, HCL Tech, and the IT sector offset weakness in FMCG, metals, and defence stocks amid geopolitical concerns and higher crude oil prices.
South Korea’s KOSPI index plunged 8.95% as semiconductor giants SK hynix and Samsung Electronics led a sharp market sell-off. The decline was driven by AI valuation concerns, geopolitical tensions, rising oil prices, and investor profit booking after SK hynix’s US ADR debut.
The National Stock Exchange (NSE) will launch derivatives on the Nifty India FPI 150 Index from August 12 after receiving SEBI approval. The new futures and options contracts are expected to strengthen risk management, improve market liquidity, and provide foreign investors with a diversified benchmark for Indian equities.
Indian benchmark indices ended largely unchanged on July 16, 2026, with IT and Auto stocks supporting the market while Realty and Financial Services lagged. Rising Brent crude prices, fresh US-Iran tensions, weak global cues, and profit booking ahead of the Q1 earnings season kept investor sentiment cautious despite selective sectoral gains.
Sensex and Nifty ended nearly flat after recovering from sharp early losses. A strong rally in TCS, HCL Tech, and the IT sector offset weakness in FMCG, metals, and defence stocks amid geopolitical concerns and higher crude oil prices.
South Korea’s KOSPI index plunged 8.95% as semiconductor giants SK hynix and Samsung Electronics led a sharp market sell-off. The decline was driven by AI valuation concerns, geopolitical tensions, rising oil prices, and investor profit booking after SK hynix’s US ADR debut.
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