Gold and Silver prices moved sharply higher across Indian and global markets on Tuesday, supported by strong momentum on MCX and firm cues from Comex.
India Price Action (Top Priority)
24K Gold was priced at ₹1,53,820 per 10 grams, rising 4% day-on-day, while remaining sharply higher on a one-month and one-year basis.
Silver 999 climbed to ₹2,67,890 per kg, up 5.98%, continuing its strong longer-term uptrend despite recent volatility.
MCX Market Update
Gold MCX traded at ₹1,59,799 per 10 grams, up ₹5,990 or 3.89%, with the session range between ₹1,56,553–₹1,60,755.
Silver MCX rose to ₹2,82,971 per kg, gaining ₹14,956 or 5.58%, supported by heavy buying interest.
Global Cues (Comex)
Gold Comex advanced to $5,096.20 per ounce, up 3.27%, reflecting continued strength in global bullion prices.
Silver Comex climbed to $87.84 per ounce, gaining 5.45%, tracking broader commodity momentum.
Why This Matters Today
Sharp moves in gold and silver prices directly influence jewellery demand, bullion trade, and commodity-linked exposure. Sustained strength across MCX and Comex often signals heightened global risk sensitivity and active positioning in precious metals.
Disclaimer:
This update is for informational purposes only and does not constitute investment advice. Commodity prices are subject to change. Readers should consult their financial advisors before making trading decisions.
