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The Economic Times
The Economic Times
Veer Sharma

Gold prices jump Rs 6,400/10 grams in 3 days, silver soars Rs 11,000/kg as oil slide continues. Big rally ahead?

Gold and silver prices opened higher for a third session in a row on the MCX on Thursday, supported by a weaker U.S. dollar, lower Treasury yields, and easing oil prices amid growing optimism over the reopening of the Strait of Hormuz.

In the domestic market, MCX silver futures for September 2026 delivery were up Rs 228 at Rs 2,27,812 per kg. Gold futures for October 2026 delivery gained by Rs 757 to Rs 1,49,250 per 10 grams. With today’s increase, the two are up by Rs 11,016 (5.2%) and Rs 6,335 (4.4%) in three sessions.

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