Gold gains 4% on MCX today, silver jumps 6%
Business
Gold and silver prices just shot up on the MCX this Tuesday.
Gold futures for April climbed 2.78% to ₹1,48,000 per 10gm, while silver futures for March rose 4% to ₹2,45,711 per kg.
If you're tracking investments or just curious about market moves, these jumps are pretty big—and they're not happening in isolation.
Global factors at play
Turns out it's a global thing. International gold prices bounced back over 3%, as market participants braced for an absence of key economic data this week due to a partial US government shutdown.
Spot gold hit $4,837 an ounce and silver wasn't far behind with a nearly 6% jump to $84 an ounce.
With this kind of momentum worldwide, don't be surprised if domestic prices keep moving in the days ahead!