Gold futures rose for the second straight session, gaining Rs 2,165 per 10 grams on the MCX amid strong overseas markets, renewed safe-haven demand, a weaker US dollar and easing inflation concerns, while investors awaited key US economic data and central bank signals
Gold futures climbed marginally to nearly Rs 1.55 lakh per 10 grams on Tuesday, supported by a decline in crude oil prices. However, concerns over persistent inflation, potential interest rate hikes and mixed global signals kept gains limited in the bullion market
Gold and silver prices fell up to 2% on the Multi Commodity Exchange amid US-Iran tensions and rising crude oil prices above $110. Weak global cues and profit booking pushed both metals lower despite strong long-term returns
Gold futures on the MCX surged Rs 791 to Rs 1,21,313 per 10 grams on Thursday, supported by firm global cues and a weaker dollar. Silver followed suit, gaining Rs 1,251 per kg as global prices rose above USD 4,000 per ounce
