On Thursday, gold prices in India saw a notable increase, as reported by data from India’s Multi Commodity Exchange (MCX). The price of gold stood at 73,212 Indian Rupees (INR) per 10 grams, marking a rise of INR 767 compared to the previous day’s price of INR 72,445.
Meanwhile, in the futures market, gold prices for contracts rose to INR 73,108 per 10 grams, up slightly from INR 73,102 per 10 grams in the previous session.
In addition to gold, silver futures contracts also experienced a price increase, with rates climbing to INR 87,187 per kilogram from INR 86,865 per kilogram.
The uptick in both gold and silver prices reflects ongoing market trends and investor sentiment, amidst fluctuating global economic conditions and geopolitical factors impacting precious metal markets. Investors continue to monitor commodity markets closely for further developments impacting these valuable assets.
