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Commodities

Gold Rises Marginally in India Amid Steady Global Cues

Guavy AI Editorial Team
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Gold Silver
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Gold prices in India rose marginally on August 6, supported by domestic buying and steady global cues. October gold futures on the Multi Commodity Exchange (MCX) climbed ₹654, or 0.44%, to ₹1.49 lakh per 10 grams.

Silver prices, however, slipped as traders pared some positions after recent gains. September silver futures fell ₹792, or 0.35%, to ₹2.26 lakh per kilogram.

Globally, gold traded around $4,255 an ounce, aided by a softer US dollar and lower Treasury yields. Investors remained focused on upcoming US economic data, particularly the non-farm payrolls report, for clues on the Federal Reserve's interest rate outlook.

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