Gold prices saw a notable increase of over 1 percent in early trading on the Multi Commodity Exchange (MCX) on Tuesday. This surge is attributed to rising expectations that the U.S. Federal Reserve may announce a rate cut in December. As of 9:15 AM, December futures for gold were priced at ₹1,25,106 per 10 grams, reflecting a rise of 1 percent. Similarly, December silver contracts also experienced a significant jump, climbing 1.34 percent to ₹1,56,551 per kilogram.
The international price of gold similarly rose nearly 2 percent in the previous session. The anticipation of a rate cut by the U.S. Fed is driving many investors, both large and small, toward safe-haven assets such as gold, underscoring the metal’s continued appeal amid economic uncertainties.
Original Source: https://www.india.com/business/gold-price-big-jump-check-yellow-metal-and-silver-prices-in-mumbai-delhi-bengaluru-kolkata-and-other-cities-on-november-25-us-fed-rate-cut-business-news-8199227/
Category: Business,Gold price,Gold Price Today,Silver price
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Publish Date: 2025-11-25 09:55:00
