Gold MCX and Silver Prices moved higher today in Indian markets continuing their recent momentum. On MCX, October gold futures rose ₹300 to a new high of 56143 per 10 gram. Silver futures rallied ₹1,750 or 2.3% to ₹77,802 per kg. In the previous session, gold had surged 1.3% or ₹720 per gram, hitting an intraday high of ₹56,079 per 10 gram, while silver had jumped 5.6% or ₹4,100 per kg. In India, gold is up 44% this year, tracking a global rally.
Gold Falls After Positive Jobs Data, London Fix Sparks Selloff
Gold fell from a record as better-than-expected U.S. jobs data signaled the economic rebound is still making headway. Selling was also exacerbated as traders fixed the …