Gold Prices Rise Rs 190, Silver Gains 0.41% In Futures Trade - Deccan Chronicle

AI desk brief

Gold and silver rose in MCX futures on Wednesday on fresh long positions and firm global trends, with gold October up Rs 190 to Rs 1,52,769/10g and silver December up Rs 989 to Rs 2,40,416/kg. Overseas, gold gained 0.65% to $4,384.16/oz and silver rose 1.17% to $66.51/oz, reinforcing domestic buying interest.

The move was attributed to speculative positioning and firm spot demand, with gold turnover at 635 lots and silver turnover at 1,192 lots. The article highlights that domestic bullion remains sensitive to international prices, rupee moves, and expectations around rates and currency direction.