Gold_and_silver_1767151919858_1767151925364_1767670363641.png

Gold rates rise on MCX on healthy spot demand, geopolitical uncertainties; experts highlight key levels to watch

Gold price today: The rates of gold rose in the domestic futures market on Tuesday (6 January) morning on healthy spot demand and increased geopolitical uncertainties. MCX gold February futures were 0.20% up at 1,38,392 per 10 grams around 9:10 am. MCX silver March futures were 1.26% up at 2,49,252 per kg at that time.

Gold COMEX for February jumped by 0.50% after witnessing mild profit booking.

Increased spot demand amid increased geopolitical tensions and expectations of further rate cuts by the US Federal Reserve are driving gold prices higher after the recent correction.

MCX gold February futures rose to a record high of 1,40,465 per 10 grams in December last week, but are now near 1,38,500-odd levels on profit booking after a stellar rally in 2025.

Domestic spot gold jumped by 56,727, or 75%, per 10 grams, while silver surged by 1,43,601, or 167%, per kg in 2025.

(This is a developing story. Please check back for fresh updates.)

Read all market-related news here

Read more stories by Nishant Kumar

Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.


Source link

Tags: No tags

Leave A Comment

Your email address will not be published. Required fields are marked *