"mcx"

Gold prices hit a record high of ₹1,05,937 per 10 grams on MCX, driven by global bullish sentiment, festive demand, and US rate cut expectations. Comex gold also soared to a lifetime high, further fueling domestic market momentum

Silver has recently delivered strong performance, rising over 40% year-to-date and surpassing ₹100,000 domestically, driven by safe-haven buying and solid industrial demand, according to a report by Motilal Oswal Financial Services Ltd (MOFSL).

Total quantity of 22,863 MT of base metals has been delivered during Q1 FY21-22 compared to 21,028.5 MT in Q1 FY20-21 through the exchange mechanism.

Currently, the February contract of gold on the MCX is trading at Rs 49,109 per 10 gram, higher by Rs 142 or 0.29 per cent from its previous close.

The February contract of gold on the MCX is currently trading at Rs 50,318 per 10 gram, higher by Rs 245 or 0.49 per cent from its previous close.