Gold and silver prices hit record highs on MCX
after close1 source ↓written by the desknot a recommendation
- ₹1,38,381 per 10 grams
- Silver prices surged
- 1.7%
- ₹2,16,596 per kg
- prices have increased
- 76% year-to-date
- this year
- 140%
Gold and silver prices reached new peaks on the MCX as February futures for gold rose 1.2% to ₹1,38,381 per 10 grams. Silver prices surged 1.7% to ₹2,16,596 per kg. This surge is driven by expectations of a US Fed rate cut and a weakening dollar. 📈💰
• Domestic spot gold prices have increased 76% year-to-date
• Silver prices have risen over 140% this year
These trends may attract more investors to precious metals amid economic uncertainties.
Not investment advice. For informational purposes only.