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Market News
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Precious Metals Crash Deepens! MCX Gold Falls Rs 1,800, Silver Hits Day’s Low
Gold rates and silver rates crashed in India significantly in the early hours of July 1, 2026. MCX gold price dropped at least Rs 1,416 to hit an intraday low of Rs 1,41,115 per 10 grams, while MCX silver crashed by Rs 5,662 to hit the day’s low of Rs 2,22,901 per 1Kg. This is
July 1, 2026 -
Falling oil prices boost European stocks, investors weigh shift from US
A drop in oil toward $70 is easing energy costs and lifting cyclical European sectors, but investors await clearer signs before reallocating capital from the US. MILAN, July 1 – a drop in oil prices after the truce in Iran improves the near-term outlook for European equities, but many investors remain skeptical about whether this
July 1, 2026 -
Gold Trades Below $4,000 as Dollar Strength Caps Gains
Gold Extends Losses Below $4,000 as Dollar Holds Firm Gold (XAU/USD) continues to face selling pressure for a third session and trades below the key $4,000 level ahead of Wednesday’s European session. The metal sits near Tuesday’s low, its weakest level since November 2025. Meanwhile, a stronger US Dollar adds pressure. It gains support from
July 1, 2026 -
Euro: Cyclical Dollar strength versus EUR risks – Rabobank
Rabobank’s Senior FX Strategist Jane Foley discusses EUR/USD within a broader reassessment of Dollar drivers. Foley notes that even if the US Dollar (USD) is in long-term decline, cyclical forces can still support it. Strong US labour data, resilient consumption and equity inflows underpin a firmer Dollar, while the Euro (EUR) faces growth-related headwinds and
June 29, 2026
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