India’s Multi Commodity Exchange (MCX) reported a rise in gold prices on Monday, reflecting the ongoing market trends. The price of gold reached 71,922 Indian Rupees (INR) per 10 grams, marking an increase of INR 254 compared to Friday’s rate of INR 71,668.
In the futures market, gold prices also experienced an upward trend, with futures contracts showing a rise to INR 71,596 per 10 grams, up from INR 71,256 per 10 grams previously.
Similarly, silver futures contracts saw a surge in prices, reaching INR 91,927 per kilogram compared to INR 90,548 per kilogram in the previous session.
These price movements indicate a positive trajectory for precious metal values in the Indian market, reflecting potential shifts in investor sentiment and market demand.