Gold and silver prices up by 2 pc over positive global cues
NEW DELHI: Gold and silver prices went up on Monday, driven by positive global cues and the possibility of the US Fed lowering interest rates next month.
At around 10 a.m. on the Multi Commodity Exchange (MCX), the price of the December 5, 2025 contract for gold rose 1.16 per cent to Rs 1,22,468 per 10 grams, and the price of the December 5, 2025 contract for silver rose 1.99 per cent to Rs 1,50,666 per kg.
Gold prices fell after reaching a record high in October. However, the fresh momentum in the yellow metal is being driven by growing concerns about the health of the US economy and the possibility of an interest rate cut next month.
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
PNE
Punjab News Express is dedicated to bringing reliable and engaging news to readers. He focuses on covering trending stories, regional updates, and important social issues while presenting information in a simple and clear way for the Punjabi audience.
