Gold and silver prices witnessed a strong rally on the Multi Commodity Exchange (MCX) on Wednesday, supported by positive global market signals and domestic demand. Silver prices jumped by more than ₹3,600 in a single session, while gold gained over ₹1,000.
Gold gains ₹1,043
Gold opened at ₹1,41,270, against its previous closing price of ₹1,40,525. During the session, prices touched a high of ₹1,41,568 and a low of ₹1,41,255. The yellow metal recorded a gain of ₹1,043 compared with its previous close.
Silver jumps ₹3,625, hits record high
Silver prices also recorded a significant increase, opening at ₹1,85,414 against the previous close of ₹1,82,576. The metal touched a high of ₹1,86,201 during the session, while its lowest level was recorded at ₹1,85,290.
With a single-session gain of ₹3,625, silver crossed the ₹1.86 lakh mark, marking a sharp rally in the precious metals market and drawing attention from investors and buyers.