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COMEX Gold and Silver Prices Surge Up To 1.4 Percent: Key Levels To Watch
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CNBC TV18•15-10-2026, 07:29
COMEX Gold and Silver Prices Surge Up To 1.4 Percent: Key Levels To Watch
- •Gold and silver prices in international markets recovered from recent losses on October 15, with COMEX gold futures rising 1.39 percent to $4,165.10 per ounce and silver futures gaining 0.78 percent to $56.315 per ounce.
- •The price rebound followed higher-than-expected US consumer price inflation data for September, which sparked concerns that the Federal Reserve might maintain a tighter monetary policy.
- •US equities declined for the third consecutive session as investors reassessed the impact of higher inflation and borrowing costs.
- •Indian domestic prices are influenced by international bullion rates, the rupee-dollar exchange rate, import costs, taxes, and local demand.
- •Short-term price volatility is expected to persist as markets react to incoming economic data and potential policy shifts by the Federal Reserve.
Key Questions Answered
Gold and silver prices rose in international markets as investors evaluated US interest rate expectations following higher-than-expected inflation data for September.
On COMEX, gold futures increased by $57.20 to reach $4,165.10 per ounce, while silver futures grew by $0.438 to settle at $56.315 per ounce.
Gold prices in New Delhi fell by ₹1,800 to ₹1.50 lakh per 10 grams, and silver prices dropped by ₹5,000 to ₹2.21 lakh per kilogram according to the All India Sarafa Association.
