Gold prices in India today jump to highest in over 2 years
Silver rates also remained firm and traded above ₹70,000 per kg in futures market
Gold prices in India rose to over two-year highs, tracking firm global rates. On MCX, gold futures were up 0.6% to ₹55,546 per 10 gram while silver jumped 1.4% to ₹70,573 per kg. Gold had hit record highs of ₹56,200 in August 2020. In global markets, gold today jumped to six-month high with the dollar index remaining steady. A weakness in US dollar makes greenback-priced bullion more attractive for overseas buyers. Spot gold was up 0.8% at $1,838.69 per ounce while spot silver rose 1.1% to $24.25.
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