Precious Metals Rebound Amid Weaker Dollar and Easing Treasury Yields
Gold and silver prices experienced a recovery on Thursday, September 3, after facing selling pressure in recent sessions.
The Multi Commodity Exchange (MCX) saw gold futures for October expiry rise by ₹1,823, or 1.2%, to ₹1,54,225 per 10 grams compared to the previous close of ₹1,52,402.
Silver futures for December expiry also gained ₹3,213, or 1.36%, to ₹2,39,479 per kg from the previous close of ₹2,36,266.
The retail market saw 24K gold priced at around ₹1,53,020 per 10 grams and 22K gold at ₹1,40,268, while silver 999 fine was at around ₹2,36,020 per kg.