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Gold and Silver Prices Rise Today on Global Cues
M
Moneycontrol•09-10-2026, 09:16
Gold and Silver Prices Rise Today on Global Cues
- •International spot gold traded up 1.10 percent above $4,178 per ounce while US gold futures surged 1.04 percent to $4,200.10 per ounce.
- •MCX gold futures for December delivery rose 0.76 percent to Rs 1,50,746 per 10 grams and silver increased 1.18 percent to Rs 2,23,840 per kilogram.
- •Analysts expect market volatility to remain elevated with gold prices projected to range between Rs 1,48,000 and Rs 1,52,500.
- •Market focus shifts to upcoming US CPI data which will heavily influence the US Federal Reserve interest rate trajectory.
Key Questions Answered
International spot gold traded with a 1.10 percent increase, hovering just above $4,178 per ounce, while US gold futures surged 1.04 percent to $4,200.10 per ounce on October 9.
Jateen Trivedi estimates that volatility will remain elevated with gold prices expected to range between Rs 1,48,000 and Rs 1,52,500.
The market will focus on next week's US CPI data, which carries significant weight in shaping expectations around the Federal Reserve's interest-rate trajectory.
