Download the app
App StorePlay Store
Beige
Login
← All tags

mcx

Silver prices plunge Rs 17,500 in a day as duty hike gains vanish fast

Silver prices plunge Rs 17,500 in a day as duty hike gains vanish fast

Silver prices on MCX crashed, losing up to Rs 17,500 in a day and falling back below levels seen before the recent customs duty increase. The move followed weaker demand at higher prices, a softer industrial outlook, and a global picture clouded by growth concerns. With safe-haven buying fading and import duties jumping sharply, silver has entered a highly volatile phase.

Summarised by Beize from a story on The Economic Times on 15 May 2026
Silver plunges Rs 11,700 and gold drops Rs 1,600 as Iran tension revives inflation fears

Silver plunges Rs 11,700 and gold drops Rs 1,600 as Iran tension revives inflation fears

Gold and silver opened sharply lower on MCX as surging energy prices revived inflation worries and strengthened expectations of higher rates staying elevated. Investors also looked to the Trump Xi summit in Beijing, with U.S. China trade truce and Middle East geopolitics expected to be discussed. MCX silver futures fell Rs 11,700 to Rs 2,79,458 per kg, while gold futures dropped Rs 1,600 to Rs 1,60,355 per 10 grams. Spot gold and silver slid internationally, with spot gold at its weakest since May 6.

Summarised by Beize from a story on The Economic Times on 15 May 2026

Your news, in seconds

App StorePlay Store
MCX shares soar to fresh record as gold lifts momentum and profits surge

MCX shares soar to fresh record as gold lifts momentum and profits surge

MCX shares climbed to a new high as investors cheered results and the tailwind from rising gold and silver prices. The exchange posted a fourfold jump in net profit and a threefold rise in revenue, reinforcing confidence even as the broader market stayed weak. Still, some analysts hold back, keeping a cautious view on what happens next.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Gold and silver tumble after Trump Xi talks as Iran risks rattle MCX traders

Gold and silver tumble after Trump Xi talks as Iran risks rattle MCX traders

Gold and silver opened lower on MCX as traders tracked developments from Trump–Xi talks and watched the Iran conflict closely. July 2026 silver fell to around Rs 2,96,879 per kg, while June 2026 gold dropped near Rs 1,61,027 per 10 grams. The fall comes after a powerful previous session that saw silver surge and gold climb sharply.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Gold and silver prices surge in India as import duty doubles to 15% pushing 24K to ₹1,63,000

Gold and silver prices surge in India as import duty doubles to 15% pushing 24K to ₹1,63,000

Gold jumped nearly 6% to around ₹1,63,000 for 24K and silver climbed about 6.2% to roughly ₹2,96,910/kg in India on 13 May 2026. The main trigger: the government more than doubled import duty to 15% from 6%, adding a 10% customs duty and 5% Agriculture Infrastructure and Development Cess. Markets also watched global safe-haven cues and US dollar moves.

Summarised by Beize from a story on Startup Talky on 13 May 2026
Silver prices jump after India raises import duty driving MCX IBJA and dealer rates higher

Silver prices jump after India raises import duty driving MCX IBJA and dealer rates higher

Silver prices jumped on May 13, 2026 after India increased customs duty on silver imports. Traders saw the move reflect across IBJA, MCX and major dealers as global geopolitical tensions and inflation fears added pressure. Analysts expect domestic rates to stay elevated, potentially cooling consumer demand, while the government targets a lower trade deficit and stronger rupee.

Summarised by Beize from a story on The Economic Times on 13 May 2026

Never miss a story

App StorePlay Store
MSCI reshuffles India stocks again MCX and Indian Bank enter while RVNL and Kalyan Jewellers exit

MSCI reshuffles India stocks again MCX and Indian Bank enter while RVNL and Kalyan Jewellers exit

MSCI’s May 2026 index rejig will reshuffle India constituents without changing the country’s overall count in the MSCI Standard Index, which stays at 165 stocks. MCX and Indian Bank are added, while Rail Vikas Nigam Limited and Kalyan Jewellers are removed, effective after market close on May 29. MSCI also plans a broader small-cap cleanup with more than a dozen exits.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Gold and silver spike after import duty hike Investors may need a rethink fast

Gold and silver spike after import duty hike Investors may need a rethink fast

Gold and silver surged on MCX after the Centre raised customs duty on precious metal imports to 15%, driving sharp gains in June gold futures and July silver futures. The move also comes as US consumer inflation rose, cooling hopes of an imminent Fed rate cut and adding volatility to global bullion sentiment. Investors now face a price shock that may not be short lived.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Copper hits record highs as supply cracks and AI driven demand pull prices higher—are dips the play

Copper hits record highs as supply cracks and AI driven demand pull prices higher—are dips the play

Copper has surged to fresh record levels globally, including a rise on India’s MCX, as supply disruptions collide with growing demand from electrification and AI-linked industries. Analysts point to tightening supply chains and geopolitical tensions as major catalysts. Even after a pullback, they argue technical strength plus supportive fundamentals may keep the bullish trend intact, making recent declines tempting for investors.

Summarised by Beize from a story on The Economic Times on 12 May 2026
MCX shares jump 4% on surprise earnings surge and triple revenue growth

MCX shares jump 4% on surprise earnings surge and triple revenue growth

MCX shares rose about 4% even as broader markets stayed weak after the exchange posted a sharp Q4FY26 turnaround. Net profit jumped 291% year-on-year while revenue more than tripled, supported by higher participation and strong performance across commodity segments. The company also declared a final dividend of Rs 8 per share.

Summarised by Beize from a story on The Economic Times on 11 May 2026

Reading on mobile?

App StorePlay Store
Gold and silver jump as West Asia truce hopes spark fresh buying

Gold and silver jump as West Asia truce hopes spark fresh buying

Gold and silver prices surged on Wednesday after market sentiment improved on hopes of de escalation in West Asia. On India’s MCX, gold spiked sharply, while silver futures also climbed. Analysts said investor interest in gold has risen, but flagged caution for silver as volatility and risk appetite may change quickly with the conflict’s headlines.

Summarised by Beize from a story on The Economic Times on 6 May 2026
Gold Near Rs 1 5 Lakh Per 10g As Silver Hits Rs 2 4 Lakh Volatility Returns

Gold Near Rs 1 5 Lakh Per 10g As Silver Hits Rs 2 4 Lakh Volatility Returns

Gold prices in India are holding steady around Rs 1.49 lakh per 10 grams, while silver is in a more unstable mood near Rs 2.4 lakh per kg on MCX. Mixed global cues, inflation and oil concerns, and geopolitical tensions are shaping both metals, with silver attempting recovery after recent sharp drops.

Summarised by Beize from a story on Startup Talky on 6 May 2026
MCX shares slide 3 as SEBI signals banks and insurers may be kept out

MCX shares slide 3 as SEBI signals banks and insurers may be kept out

MCX shares fell about 3% after SEBI indicated that banks and insurers are unlikely to be allowed to participate in commodity derivatives. SEBI chief Tuhin Kanta Pandey said the regulator will not push the proposal further with the Reserve Bank of India, sparking investor concern about future participation and liquidity in the market.

Summarised by Beize from a story on The Economic Times on 4 May 2026
Gold Silver Prices Open Flat on MCX as Iran Tensions Stir Inflation Worries

Gold Silver Prices Open Flat on MCX as Iran Tensions Stir Inflation Worries

Gold and silver opened flat on MCX as traders weighed inflation fears fueled by higher crude oil and closely monitored US-Iran developments. Analysts say gold is consolidating, with traders fixated on key support and resistance levels, while silver holds a stable bias, waiting for a breakout to gain clearer direction. The focus now is whether geopolitical pressure or oil-driven inflation wins.

Summarised by Beize from a story on The Economic Times on 4 May 2026

Follow your favourite sources

App StorePlay Store
NSE and BSE shut on May 1 as Maharashtra Day holiday hits markets

NSE and BSE shut on May 1 as Maharashtra Day holiday hits markets

Indian stock markets will have a shortened week, with NSE and BSE closed on Friday, May 1, for Maharashtra Day. The holiday calendar for 2026 lists 16 market holidays in total, with eight more closures after this week. MCX will operate partially, while NCDEX will remain fully closed.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026
Dhan launches Gold Vault letting investors buy physical gold at live exchange prices

Dhan launches Gold Vault letting investors buy physical gold at live exchange prices

Dhan has rolled out “Gold Vault,” a Sebi-regulated offering that lets retail investors buy physical gold and silver using live commodity exchange pricing, complete with home delivery. The system is designed to reduce risk by routing transactions through MCX futures settlement and MCXCCL clearing, signaling a new step in how digital gold products are delivered and secured.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026
Gold and Silver Prices Drop in India on 27 April 2026 Gold Near 1 52 Lakh Silver Falls

Gold and Silver Prices Drop in India on 27 April 2026 Gold Near 1 52 Lakh Silver Falls

Gold and silver prices slipped in India on 27 April 2026. MCX gold for June 2026 hovered around ₹1.52 lakh per 10g, while MCX silver for May 2026 eased to about ₹2.44 lakh per kg. A stronger US dollar plus US Iran geopolitical tensions kept demand cautious, even as Indian buying on dips and wedding season support limited deeper losses.

Summarised by Beize from a story on Startup Talky on 27 Apr 2026
Gold and silver prices slide on MCX as oil jumps amid US Iran peace talk hopes

Gold and silver prices slide on MCX as oil jumps amid US Iran peace talk hopes

Gold and silver prices eased on the MCX on April 27, driven by profit booking even as hopes for US-Iran peace talks supported sentiment. A slight dip in the US dollar offered some cushion for bullion. Meanwhile, crude oil climbed more than 1%, adding volatility to commodities and influencing market pricing for yellow and 999 silver.

Summarised by Beize from a story on Republic on 27 Apr 2026

Stay informed on the go

App StorePlay Store
Gold slips to Rs 1 52 lakh as silver drops Rs 1400 on oil surge and stalled Iran talks

Gold slips to Rs 1 52 lakh as silver drops Rs 1400 on oil surge and stalled Iran talks

Gold and silver opened lower on MCX as crude oil prices rose and stalled U.S.-Iran talks revived worries about sticky inflation and possible rate hikes. Traders now brace for choppy moves, with analysts pointing to key support and resistance zones. While gold can hedge inflation, higher interest rates could cap its gains in the near term.

Summarised by Beize from a story on The Economic Times on 27 Apr 2026
Gold slips to 1 53 lakh as silver drops 2300 ahead of US Iran talks this weekend

Gold slips to 1 53 lakh as silver drops 2300 ahead of US Iran talks this weekend

Gold and silver in India eased on MCX as a stronger US dollar pressured prices. Traders are watching potential US-Iran talks this weekend, with analysts flagging volatility risk from oil and currency swings. While MCX quotes softened, physical gold in major Indian cities held steady. Key technical levels point to cautious buy-the-dip strategies.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Page 1

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.

Download on the App StoreGet it on Google Play