Gold, Silver Rates Gain up to 2% on MCX Supported by a Weaker US Dollar: Check New Rates
Bullion prices rose more than 1% on MCX and COMEX as a weaker dollar and softer June jobs data lifted demand, analysts said.
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7 Articles
Gold, silver rates gain up to 2% on MCX supported by a weaker US dollar: Check new rates
Rates of precious metals in futures rebounded on Friday, July 3, 2026, as US dollar slipped below the 100 mark after a softer-than-expected June jobs report. The gold August 5 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 2,082 or 1.42 per cent at Rs 1,47,840 per 10 grams against the previous close of Rs 1,45,758. It gained later to touch an intraday high of Rs 1,48,046, a gain of Rs 2,288 or 1.56 per cent. In between, …
Gold and Silver Surge as Rate-Hike Fears Fade
Gold climbed about 2.3% and silver leapt 3.8% on July 2, their best day in weeks, as comments from the Federal Reserve eased rate-hike fears and pulled the dollar off a 14-month high. The post Gold and Silver Surge as Rate-Hike Fears Fade appeared first on The Rio Times.
Gold, silver rates jump up to 2% on MCX as US Fed rate hike bets ease; experts highlight key levels to watch
MCX gold August futures jumped 1.40% to ₹1,47,800 per 10 grams, while MCX silver September contracts surged 1.80% to ₹2,37,456 per kg in early trade on Friday.
Wall Street ended a holiday-shortened week on a positive note as investors looked past the weakness in the labor market and, as the main message from the June numbers, raised expectations that the Fed could cut interest rates by the end of the year. --- Wall Street celebrates weaker numbers. The US labor...
Gold climbs over 1% as weak US jobs data dims Fed rate hike expectations
Gold prices rose more than 1% on Friday, putting the precious metal on track for its first weekly gain in five weeks after weaker-than-expected US employment data reduced expectations of a near-term Federal Reserve interest rate hike. Spot gold climbed 1.28% to $4,175.37 per ounce after touching its highest level since June 23. US gold futures for August delivery advanced 1.49% to $4,187.30 an ounce. Gold has gained more than 2% this week after …
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