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The Economic Times
The Economic Times
Debaroti Adhikary

Gold prices near Rs 1.5 lakh/10 grams; silver rises as dollar eases from multi-month high. What lies ahead?

Gold silver MCX US Federal Reserve Debaroti Adhikary SEBI United States

Gold and silver prices rose on the Multi Commodity Exchange (MCX) on Thursday as dollar eased from an 18-month peak, while traders weighed the possibility of another rate hike by the US Federal Reserve after the release of the American central bank’s policy meeting minutes.

In the domestic market, MCX gold futures with December expiry gained Rs 557 to rise to Rs 1,49,660 per 10 grams. The gold futures with February 2027 expiry, meanwhile, increased by Rs 705 to Rs 1,51,880 per 10 grams.

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