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4 days agoGold Climbs and Silver Hits Record High on MCX After Fed Rate Cut
Precious metals rallied on Thursday as gold futures rose 0.60% to ₹1,30,575 per 10 grams and silver jumped 2.42% to ₹1,93,300 per kg after touching a record ₹1,93,452. The surge followed the US Federal Reserve’s third consecutive rate cut, lowering the federal funds range to 3.50%–3.75%. A weaker dollar and expectations of softer US inflation further boosted sentiment.
Tags:
- gold
- silver
Explore:Mutual Fund Categories
neutral
4 days agoGold Climbs and Silver Hits Record High on MCX After Fed Rate Cut
Precious metals rallied on Thursday as gold futures rose 0.60% to ₹1,30,575 per 10 grams and silver jumped 2.42% to ₹1,93,300 per kg after touching a record ₹1,93,452. The surge followed the US Federal Reserve’s third consecutive rate cut, lowering the federal funds range to 3.50%–3.75%. A weaker dollar and expectations of softer US inflation further boosted sentiment.
Tags:
- gold
- silver
Explore:Mutual Fund Categories
1 min read
58 words
Gold and silver prices surged on MCX after the Fed’s rate cut, supported by a weaker dollar, lower yields, and rising safe-haven demand amid economic uncertainty.
Precious metals rallied on Thursday as gold futures rose 0.60% to ₹1,30,575 per 10 grams and silver jumped 2.42% to ₹1,93,300 per kg after touching a record ₹1,93,452. The surge followed the US Federal Reserve’s third consecutive rate cut, lowering the federal funds range to 3.50%–3.75%. A weaker dollar and expectations of softer US inflation further boosted sentiment.
Precious metals rallied on Thursday as gold futures rose 0.60% to ₹1,30,575 per 10 grams and silver jumped 2.42% to ₹1,93,300 per kg after touching a record ₹1,93,452. The surge followed the US Federal Reserve’s third consecutive rate cut, lowering the federal funds range to 3.50%–3.75%. A weaker dollar and expectations of softer US inflation further boosted sentiment.
Tags:
- gold
- silver
- gold
- silver
- MCX
- Federal Reserve
- rate cut
Dec 11, 2025 • 06:31