4 months ago
2
Silver futures ended their five-day record-breaking rally and declined by ₹4,027 to ₹2,87,550 per kg connected Friday (January 16, 2026), portion golden prices slipped to ₹1,42,601 per 10 grams arsenic investors booked profits tracking anemic planetary trends and a stronger U.S. dollar.
On the Multi Commodity Exchange (MCX), metallic futures for March transportation declined by ₹4,027, oregon 1.38%, to ₹2,87,550 per kilogram successful a concern turnover of 9,890 lots. The achromatic metallic had touched an all-time precocious of ₹2,92,960 per kilogram connected Thursday (January 15, 2026).
Commodities trading connected the MCX remained unopen during the greeting league connected Thursday (January 15) owed to civic elections successful Maharashtra and aboriginal resumed trading successful the evening session.
Gold futures besides witnessed profit-taking by the traders connected the home bourse. The yellowish precious metallic for the February declaration fell ₹520, oregon 0.36%, to ₹1,42,601 per 10 grams successful 14,194 lots.
"Gold and metallic witnessed crisp volatility connected Friday (January 16). Weaker-than-expected U.S. play jobless claims strengthened the U.S. dollar, portion President Donald Trump's softer stance connected Iran reduced safe-haven request for precious metals," Rahul Kalantri, Vice-President of Commodities, Mehta Equities Ltd, said.
In the planetary market, some metallic and golden corrected during Asian trading hours. On the Comex, metallic for the March declaration slipped $1.93, oregon 2.10%, to $90.41 per ounce. It had touched a grounds of $93.56 per ounce connected Wednesday (January 14).
Gold futures for February transportation besides dropped by $21.9, oregon 0.47%, to $4,601.8 per ounce. The yellowish metallic had deed an all-time precocious of $4,650.50 per ounce connected January 14.
"Recent U.S. macroeconomic information has kept expectations of Federal Reserve complaint cuts connected clasp for the archetypal fractional of the year, pushing the dollar scale to multi-week highs and creating near-term headwinds for bullion prices," Mr. Kalantri added.
