National News
NATIONAL Gold, Silver Decline In India On Oil Price Rebound
Gold and silver retreated today, March 24, pressured by a rebound in oil and a firmer dollar, as investors unwound safe-haven positions following tentative signs of easing geopolitical risk.
Futures for bullion slid in early trade, with COMEX gold for June dropping about 1% to an intraday low near $4,362 an ounce, while silver fell more than 2.5% to roughly $66.95. In India, prices tracked the global weakness, extending the previous session’s sharp volatility on the MCX.
The move coincided with a rebound in WTI crude oil, which jumped over 4% to around $91.67 a barrel, and a modest uptick in the US Dollar Index, hovering near the 99 mark. Higher oil prices tend to stoke inflation expectations, bolstering yields and the dollar—both headwinds for non-yielding assets like gold.
The pressure follows a whipsaw session when precious metals briefly rebounded after comments from Donald Trump signaled a pause in potential U.S. military action in the Middle East. That hint of de-escalation reduced immediate demand for haven assets.
Analysts say the recent selloff reflects a mix of macro forces: rising bond yields, dollar strength, and liquidity-driven unwinding after a crowded bullish trade. Domestic futures had plunged as much as 10% for gold and 12% for silver in the prior session before partially recovering.
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.
-
National News4 days agoPNG Jewellers stock touches 52-week high of Rs 727.80 amid strong market momentum, strong festive demand
-
New Premises6 hours agoCaratLane Doubles Production Capacity With New Chennai Manufacturing Facility
-
JB Insights1 hour agoPM Modi’s Appeal Sparks Wider Conversation Around Responsible Gold Consumption
-
International News3 hours agoGeopolitical Flashpoints and Macro Crosswinds Keep Bullion Markets In Check AUGMONT BULLION REPORT


