NEW DELHI: Bullion prices climbed in the domestic futures market in Thursday's session, propelled by healthy demand from local jewellers at the spot market and bullish global cues.
Gold prices held near eight-month highs in the
global market as the dollar weakened after the US Federal Reserve paused its monetary tightening cycle, putting bullion on course for its fourth straight monthly gain,
Reuters reported.
The MCX Gold was trading at Rs 32,960 per 10 grams, up by Rs 61, while MCX
Silver was trading Rs 55 higher at Rs 40,390 a kilo around 10:50 am.
Demand from local jewellers in the ongoing wedding season lifted the gold prices, while the silver prices climbed on raised orders from industrial units and coin makers.