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Commodities

Gold Prices Hit ₹1,63,044 per 10 Grams as International Markets Weaken

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Gold and silver prices rose on August 26 due to weakness in international bullion markets. This led to an increase in domestic rates, with gold hitting ₹1,63,044 per 10 grams and silver nearing ₹2,45,422 per kg.

On the Multi Commodity Exchange (MCX), gold futures were up by 0.84% at ₹1.63 lakh per 10 grams, while silver futures remained flat at around ₹2.45 lakh per kilogram.

Market participants are closely watching global economic data, US interest rate expectations, and currency movements for further direction in precious metal prices.

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