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The Economic Times
The Economic Times
Veer Sharma

Gold prices rise Rs 3,000/ 10 grams, silver jumps Rs 8,400/kg in 2 days on Iran peace deal hopes. What should you do?

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

Gold and silver prices extended gains on the MCX for a second straight session on Wednesday as oil prices fell for a third consecutive day, easing inflation concerns. Investors now await upcoming U.S. jobs data for fresh cues on the Federal Reserve's interest rate trajectory.

In the domestic market, MCX silver futures for September 2026 delivery were up Rs 3,495 at Rs 2,25,110 per kg. Gold futures for October 2026 delivery gained by Rs 1,378 to Rs 1,45,677 per 10 grams. With today’s increase, the two are up by Rs 8,400 (4%) and Rs 3,000 (3%) in two sessions.

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