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The Economic Times
The Economic Times
Veer Sharma

Gold prices jump Rs 6,400/10 grams this week, silver soars Rs 11,502/kg amid peace deal optimism. Big rally ahead?

Gold silver MCX US Federal Reserve Manoj Kumar Jain Oil Interest Rates United States

Gold and silver prices opened higher on the MCX on Friday, supported by easing oil prices for the week while investors await the U.S. nonfarm payrolls report for fresh signals on the Federal Reserve's interest rate path.

In the domestic market, MCX silver futures for September 2026 delivery were up Rs 2,864 at Rs 2,28,700 per kg. Gold futures for October 2026 delivery gained by Rs 866 to Rs 1,49,724 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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