MCX Gold Jumps ₹1,970 to ₹1.57 Lakh/10g
Gold markets are showing renewed strength today, with MCX gold rising sharply by ₹1,970, reaching ₹1.57 lakh per 10 grams amid safe‑haven buying and global uncertainty.
Key Highlights:
• MCX Gold 24K: ₹1.57 lakh/10 g (+₹1,970)
• MCX Gold 22K: ₹1.44 lakh/10 g
• Silver also firming, trading near ₹2,050/10 g
• Safe‑haven demand surged as traders anticipate macroeconomic signals from U.S. Fed policy.
Expert Insight:
Gold’s rebound reflects a combination of local buying, global safe‑haven flows, and cautious investor sentiment. Analysts expect prices may remain volatile ahead of inflation data and rate decisions.
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