National News
Gold Rallies 4%, Silver Soars Over 5% On MCX As Dollar Weakens and Oil Prices Ease
MCX gold surged to ₹1,44,434 per 10g while silver jumped over 5.5%, supported by easing inflation concerns and improving geopolitical sentiment.
Gold and silver prices snapped a sharp two-session losing streak on Wednesday, as a retreating U.S. dollar and cooling crude oil prices reignited appetite for precious metals.
On the Multi Commodity Exchange (MCX), gold futures for June delivery jumped 4% to hit an intraday high of Rs.1,44,434 per 10 grams. Silver outpaced its yellow counterpart, surging more than 5.5% to trade near Rs.2,36,137 per kilogram. The rebound follows a brutal week of selling that saw bullion prices correct nearly 13% from recent highs amid a global liquidity squeeze.
The sudden reversal in sentiment was fueled by a convergence of three key macroeconomic shifts:
- Weakening Greenback: The U.S. Dollar Index (DXY) slipped to 99.34, making dollar-denominated assets more affordable for international buyers.
- Crude Oil De-escalation: Brent crude fell below the psychologically significant $100-per-barrel mark, trading near $96. Easing energy costs have tempered fears of “sticky” inflation, allowing traders to price in a more dovish stance from central banks.
- Geopolitical Thaw: Reports of potential diplomatic breakthroughs between Washington and Tehran—including a rumored 15-point peace proposal—reduced the immediate “war premium” on the dollar, shifting capital back into oversold commodities.
Market Impact and Outlook
The rally extended into the exchange-traded fund (ETF) space, where silver ETFs saw gains of up to 11%. Analysts note that while the long-term trend remains volatile, the “buy the dip” mentality has returned as gold holds key support at the Rs.1,41,000 level.
National News
MMTC-PAMP Relaunches Digital Gold & Silver Offering, Democratizing Access To Precious Metals Investment
MMTC-PAMP Strengthens Its Digital Investment Platform With Secure, Accessible And Transparent Gold And Silver Offerings Starting At Rs 10
MMTC-PAMP, India’s only London Bullion Market Association (LBMA) Good Delivery gold and silver refiner, has relaunched its digital gold and silver offering, strengthening the company’s position for investors and customers seeking a convenient, transparent and secure way to invest in the purest gold at 24K, as well as purest silver, both at 999.9+ purity.
Catering to the evolving consumer preferences, particularly among young and first-time investors, who are increasingly adopting digital avenues for gold and silver investment, this digital platform provides all the benefits to consumers, with a value-addition of transparency, 24×7 accessibility, assured purity and an entry point gold and silver investment going as low as Rs 10.

Commenting on the relaunch of the digital offering, Samit Guha, Managing Director & CEO, MMTC-PAMP said, “Digital gold and silver is increasingly becoming a preferred mode of purchase in the precious metals industry, particularly among young and first-time investors who value accessibility, flexibility and transparency. With this relaunch, our focus is to maintain the trust of physical gold and silver with the convenience of digital platforms. Every investment is backed by the purest silver and gold, stored in insured, secured, bank-grade vaults, enabling consumers to participate in precious metals investment with confidence, while retaining the option of liquidity or physical redemption based on their needs.”
MMTC-PAMP’s digital gold and silver service enables customers to invest in precious metals starting as low as Rs 10, where every unit purchased is backed by physical gold and silver of the same amount, which is stored in secured, fully insured, bank-grade vaults. The offering combines ease of access with the assurance of purity and ownership, with holdings maintained in the customer’s name and regularly audited by an independent third-party auditor.
Consumers can buy, sell, gift or redeem their investment seamlessly. The platform allows users to redeem their holdings at the real-time market prices with direct bank transfers or convert their digital balance into physical gold and silver in the form of minted coins and bars. Additionally, digital gold and silver can be purchased directly on MMTC-PAMP’s website or Android app, or through a partner transacting platform like Paytm, Google Pay, PhonePe, among others.
Digital gold and silver continue to gain traction as a preferred investment option due to its flexibility, liquidity and accessibility. It allows a democratic entry to secure financial future with the precious metals’ inherent value as a safe haven asset, eliminates storage concerns, and offers a practical entry point for small-ticket investors.
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