Gold Rate Today

Gold and silver prices on the MCX surged on Friday, October 10, in the morning following a dip in the US dollar, supported by robust spot market demand and favourable global factors. While gold December futures climbed 0.38 per cent to Rs 1,20,951 per 10 grams, silver December futures remained mostly steady during early trading.The US dollar index slipped over 0.20 per cent in the session, easing pressure on gold prices globally. Since gold is priced in US dollars, a softer dollar makes the metal more affordable for buyers using other currencies, boosting demand. This dynamic helped MCX gold futures approach record highs recently, with the previous session hitting Rs 1,23,677 per 10 grams. Similarly, silver reached a fresh peak of Rs 1,53,388 per kilogram.