Huge Crash in Gold Rate in India By Rs 1.43 Lakh in Just 7 Days; Will Gold Price Today Fall Further on 23 Mar? Gold prices in India experienced a significant decline over the past week, with domestic retail rates dropping sharply despite a mild recovery in the latest MCX session. Between March 16 and March 22, 2026, 24 Karat (24K) gold fell by Rs 1,435 per gram, decreasing from Rs 15,742 to Rs 14,597. On a 100-gram basis, this translates to a loss of Rs 1,43,500. Similarly, 22K gold dropped by Rs 1,050 per gram, from Rs 14,430 to Rs 13,380, marking a decline of Rs 1,31,500 per 100 grams. The daily movement also showed weakness, with 24K gold falling by Rs 294 per gram and 22K by Rs 275 per gram. As of the latest retail rates, 24K gold is priced at Rs 14,597 per gram, Rs 1,45,970 per 10 grams, and Rs 14,59,700 per 100 grams. 22K gold stands at Rs 13,380 per gram, Rs 1,33,800 per 10 grams, and Rs 13,38,000 per 100 grams. 18K gold also saw a decline, with rates at Rs 10,948 per gram, Rs 1,09,480 per 10 grams, and Rs 10,94,800 per 100 grams. The decline in domestic gold prices mirrors a broader global trend, with gold tumbling 2 per cent to $4,570 an ounce on Friday, marking its largest weekly fall since 1983. However, the Indian futures market showed some resilience. MCX Gold for the April 2, 2026 expiry opened at Rs 1,48,302 and fell to an intraday low of Rs 1,43,385 before recovering. It later touched a high of Rs 1,48,457, with the last traded price at Rs 1,44,825. The contract settled at Rs 1,44,492, up Rs 333 or 0.23 per cent from the previous close. Experts attribute the decline to rising tensions in the Middle East, which have pushed energy prices higher and raised concerns about prolonged inflation.#gold #india #mcx #fed #indusind_securities
Silver Price Plummets as Gold and Silver Drop Amid US Rate Decision and Global Tensions Silver and gold prices experienced a sharp decline on Thursday, with silver losing over 5% and gold falling approximately 2.5%. On the MCX, silver prices dropped by Rs 12,000 per kg, while gold prices fell by Rs 4,500 per 10 grams. As of now, silver is trading at around Rs 2.35 lakh per kg, and gold has dipped below Rs 1.50 lakh per 10 grams. The crash coincided with a broader stock market downturn, intensifying the downward spiral for precious metals. The primary driver behind the price drop is the US Federal Reserve’s decision to maintain interest rates unchanged and signal no rate cuts in 2026. Federal Reserve Chairman Jerome Powell highlighted global economic challenges, citing international tensions as a key factor. This news sent shockwaves through global markets, leading to a sharp decline in both gold and silver prices. Investors interpreted the Fed’s stance as a sign of prolonged high rates, which reduces the appeal of non-yielding assets like precious metals. Silver, which had been on a relentless upward trajectory for two years, reached a record high of Rs 4.2 lakh per kg on 29 January 2026. However, the price has since slid, falling to Rs 2.25 lakh per kg by 2 February 2026 as investors began taking profits. The current price of Rs 2.35 lakh per kg marks a decline of Rs 1.85 lakh per kg from its peak, signaling the end of the previous rally. The situation is further complicated by geopolitical tensions, particularly the US-Iran conflict. Typically, global instability drives demand for gold and silver as safe-haven assets. Yet, this time, the opposite is occurring. The ongoing tensions have instead increased selling pressure, with investors shifting toward other assets or cash.#us_iran_conflict #mcx #jerome_powell #us_federal_reserve #global_economic_challenges
Top Stocks to Buy Today: March 17, 2026 Recommendations The article provides stock market recommendations for March 17, 2026, highlighting specific stocks with buy ranges, stop-loss levels, and target prices. For MCX, the recommendation suggests buying within the range of Rs 2,555 to Rs 2,556, with a stop-loss at Rs 2,425 and a target of Rs 2,700. The stock is noted to be consolidating in a range on the daily chart, forming higher tops and bottoms above the 20 and 40 DEMA lines. Momentum indicators are positive, showing strength, with key resistance at Rs 2,624 and support at Rs 2,450. Power Finance Corporation Limited is recommended for purchase between Rs 406 and Rs 407, with a stop-loss at Rs 384 and a target of Rs 445. On the weekly chart, the stock broke out of a descending trendline and formed a base at the 200 DEMA level (Rs 391). Analysts expect a breakout on the upside, with momentum indicators showing a positive crossover above the zero line. Key resistance is at Rs 426, and support is at Rs 391. BSE is advised to be bought within the range of Rs 2,857 to Rs 2,858, with a stop-loss at Rs 2,710 and a target of Rs 3,070. On the weekly chart, the stock is forming a reversal from a key demand zone. The daily chart shows a breakout from a consolidation zone, with support from the 20 and 40 DEMA lines. Momentum indicators are positive, indicating strength, with resistance at Rs 3,030 and support at Rs 2,775.#stock_market #bse #mcx #power_finance_corporation_limited #daily_chart
Robert Kiyosaki Advises Investing in Silver Amid Market Crash Predictions Best-selling author Robert Kiyosaki, known for his book Rich Dad Poor Dad, has urged readers to invest in silver as a starting point for financial education, even with a small amount of money. In a recent post on X, Kiyosaki suggested that individuals can begin investing in silver for as little as $10, emphasizing that small actions can lay the foundation for long-term wealth. He argued that financial literacy often begins with practical steps, such as purchasing physical silver. Kiyosaki recommended visiting a gold and silver dealer to buy "junk real silver," such as old dimes or quarters, which he believes can provide valuable lessons from dealers eager to build long-term relationships with customers. He framed the act of buying silver as both an investment and an educational opportunity, stressing that even modest purchases can contribute to financial growth. In addition to his silver advice, Kiyosaki issued a stark warning about the global financial system, predicting a major stock market crash. He referenced his 2013 book Rich Dad’s Prophecy, where he had previously warned of a historic market collapse. While expressing hope that his prediction does not come true, Kiyosaki argued that the conditions leading to the 2008 financial crisis were never fully resolved. He pointed to mounting global debt and structural weaknesses in the financial system as potential catalysts for another major downturn. Kiyosaki recalled his appearance on a 2008 CNN program hosted by Wolf Blitzer, where he had accurately predicted the collapse of Lehman Brothers days before it occurred. He now claims that a similar crisis is imminent, citing the "Black Rocks private credit Ponzi scheme" as a likely trigger.#robert_kiyosaki #wolf_blitzer #rich_dad_poor_dad #rich_dad_s_prophecy #mcx
US-Iran-Israel War Triggers Safe-Haven Rush, Check Gold, Silver Prices Today Gold and silver prices surged on the Multi Commodity Exchange (MCX) in India on Wednesday as tensions over the Iran war drove investors toward safe-haven assets. The sharp rise in precious metals followed heightened geopolitical uncertainty, with markets reacting to escalating conflicts in the region. Retail gold prices in India reached Rs 16,761 per gram for 24 karat, while 22 karat and 18 karat gold were priced at Rs 15,364 and Rs 12,571 per gram, respectively. On the MCX, April gold futures opened 1.33% higher at Rs 1,63,265 per 10 grams, climbing as much as 1.60% during the session. Silver futures for May delivery rose 2.14% to Rs 2,71,000 per kilogram, with the contract hitting an intraday high of Rs 2,72,248, a 2.61% gain from the previous day’s close. The upward movement in domestic bullion mirrored global trends, as risk appetite remained subdued amid the ongoing conflict. International markets also saw a rebound in gold prices, with spot gold rising 1.6% to $5,168.69 per ounce. US gold futures for April delivery gained 1.1% to $5,178.40. The rally followed a sharp sell-off the prior day, when gold had dropped over 4% to its lowest level since February 2023, driven by a stronger US dollar and concerns about delayed interest rate cuts due to persistent inflation. Oil and gas prices also climbed as energy flows faced disruptions from the expanding conflict. The geopolitical tensions have further pressured equity markets, with investors reducing exposure to riskier assets. City-wise gold prices showed consistent rates across major Indian cities, with Chennai and Hyderabad at Rs 3,149 per 10 grams, while Mumbai, Delhi, Kolkata, Bengaluru, Pune, Vadodara, Ahmedabad, and Kerala recorded Rs 2,949 per 10 grams.#us #iran #israel #multi_commodity_exchange #mcx
