Gold prices move higher on India’s Multi Commodity Exchange (MCX), with the September gold futures contract crossing the ₹1.55 lakh per 10 grams mark. NDTV reports gains of roughly 2–2.3% for gold, with prices quoted around ₹1.54 lakh to ₹1.55 lakh per 10 grams depending on the specific time covered.
Silver also rises on MCX. The September silver futures contract is reported trading above ₹3,200 per kg in one account and around the ₹2.36 lakh–₹2.39 lakh per kg range in others, reflecting a gain of about 2.8% and an increase of several thousand rupees per kilogram.
Across the provided updates, the common market driver is the signal from a Federal Reserve official, referenced as Waller, indicating interest rates are likely to be held. The outlets’ differing figures largely reflect the same contracts at different moments rather than separate developments, with the core point remaining that both metals trend upward on MCX.
