Gold prices near $4,500 as bullion gains amid a US Treasury buyback, lifting Indian futures. On the Multi Commodity Exchange (MCX), the gold September futures contract rises 2.32% (about Rs 3,554) to Rs 1,56,637 per 10 grams.
Silver prices also move higher. MCX silver September futures increase 2.05% to Rs 2,37,172 per kg, a rise of roughly Rs 5,000. The outlets link the increases to stronger global sentiment around bullion, citing the US Treasury buyback as a factor supporting demand and prices. The coverage focuses on futures movements on MCX and does not provide additional drivers such as domestic rupee changes, local demand, or central-bank activity, instead emphasizing the global catalyst and the resulting price action in India.
