Mumbai, May 14: Gold and silver markets experienced mixed trading during the early session on Thursday. While gold prices showed an upward trend, silver was trading in the red.
At the Multi Commodity Exchange (MCX), the gold contract for July 5, 2026, was up by ₹396 or 0.24%, reaching ₹1,62,638 at 10:36 AM. The trading session saw gold hitting a high of ₹1,63,055 and a low of ₹1,61,027.
In contrast, silver displayed weakness. The silver contract for July 3, 2026, fell by ₹2,238 or 0.75%, settling at ₹2,98,000. During the session, silver recorded a low of ₹2,94,450 and a high of ₹2,99,000.
The decline in silver prices is partly attributed to profit booking, especially after it crossed the ₹3,00,000 mark in the previous session.
International markets also reflected mixed trading for gold and silver. On Comex, gold saw a slight increase of 0.03%, priced at $4,708 per ounce, while silver dropped by 1.87%, trading at $87.68 per ounce.
On the other hand, the Indian stock market opened positively, with both Sensex and Nifty gaining around half a percent. Early trading was led by the pharma, healthcare, and metal sectors, with Nifty Pharma, Nifty Healthcare, and Nifty Metal being the top gainers. Almost all indices, including Nifty Energy, Nifty India Defense, Nifty PSU, Nifty Commodities, Nifty Infra, Nifty PSU Bank, and Nifty Oil & Gas, were in the green.
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My name is Himanshu Tiwari. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including TECHNOLOGY, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
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