Gold and Silver Prices Fluctuate Globally Amid Geopolitical Tensions
On September 21, global bullion markets experienced fluctuations in gold and silver prices due to various factors. Spot gold and US futures declined slightly, while India's domestic MCX gold futures showed minor gains.
The Indian spot gold market closed the previous session at ₹1,53,176 per 10 grams, with silver ending at ₹2,37,062 per kilogram. In contrast, MCX gold futures for the October contract rose by 0.84%, while silver futures posted a smaller gain.
International bullion prices are being closely watched amid geopolitical tensions and expectations surrounding US interest rates. Spot gold hovered around $4,365 per ounce in early trading, with US gold futures at $4,407 per ounce.