Gold near Rs 1.5 lakh/10g as dollar eases

Gold prices rise to near Rs 1.5 lakh per 10 grams as dollar weakens from multi-month high.

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Gold near Rs 1.5 lakh/10g as dollar eases

Gold prices rise to near Rs 1.5 lakh per 10 grams as dollar weakens from multi-month high.

In brief

Gold prices rise to near Rs 1.5 lakh per 10 grams as dollar weakens from multi-month high. Gold prices near Rs 1.5 lakh per 10 grams on MCX as dollar eases from 18-month peak. Originally reported by The Economic Times.

Gold prices rise on MCX

Gold prices rose on the Multi Commodity Exchange (MCX) Thursday as dollar eased from an 18-month peak.

December gold futures climb

December expiry gold futures gained Rs 557 to rise to Rs 1,49,660 per 10 grams.

February 2027 gold futures rise

February 2027 expiry gold futures increased by Rs 705 to Rs 1,51,880 per 10 grams.

Silver prices climb

Silver futures with December expiry gained Rs 327 to rise to Rs 2,23,888 per kilogram.

March 2027 silver futures rise

March 2027 expiry silver futures gained Rs 520 to rise to Rs 2,30,320 per kilogram.

International gold recovers

Spot gold gained 0.5% to rise to $4,133 per ounce as dollar eased from multi-month high.

What lies ahead for gold

Elevated yields weigh on bullion demand with gold prices expected to stay between Rs 1,48,000 and Rs 1,50,000.

The takeaway

Gold prices near Rs 1.5 lakh per 10 grams on MCX as dollar eases from 18-month peak.

Read the original on The Economic Times

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