Gold price touched a records Rs 1.11 lakh per 10 grams on MCX, boosted by strong global trends and a weaker rupee. December futures rose 0.72% to Rs 1,11,750, while October contracts stood at Rs 1,10,608. Silver also rallied, with March delivery hitting Rs 1,33,582 per kg and December at Rs 1,32,311. Globally, gold hovered near USD 3,732 an ounce after the US Fed’s rate cut and expectations of more easing. Analysts said safe-haven demand, central bank buying, and industrial use in silver, especially in solar and EVs, are driving prices higher.
Support us to keep independent environmental journalism alive in India.
Keep Reading
Small Wild Cats in Big Trouble: India’s First National Report Released
After Tragedy, Families Face Delays in Tiger Attack Compensation
Stay connected with Ground Report for underreported environmental stories.
Follow us onX, Instagram, and Facebook; share your thoughts at greport2018@gmail.com; subscribe to our weekly newsletter for deep dives from the margins; join our WhatsApp community for real-time updates; and catch our video reports on YouTube.
Your support amplifies voices too often overlooked, thank you for being part of the movement.
