Archive · 16 Sep 2026
Gold and Silver Futures Rise on Firm Global Trends
Gold and silver prices went up on Wednesday.
Traders bought more futures contracts for both metals.
This fresh trading activity helped push prices higher.
Gold futures on the MCX rose to Rs 1,51,612 per 10 grams.
Silver futures climbed to Rs 2,35,170 per kilogram.
Gold also became more expensive in international trading.
Silver prices increased internationally as well.
Silver rose by a larger percentage than gold during the session.
Gold for October delivery rose Rs 803, or 0.53%, to Rs 1,51,612 per 10 grams on the MCX.
Silver for December delivery gained Rs 3,052, or 1.31%, to Rs 2,35,170 per kilogram.
Analysts attributed both increases to fresh positions created by market participants.
Gold futures in New York rose 0.70% to USD 4,322.14 per ounce, while silver futures gained 1.34% to USD 64.52 per ounce.
Silver recorded a sharper percentage gain than gold during Wednesday’s trading session.
- Who
- Gold and silver futures market participants, including speculators and investors.
- What
- Gold and silver futures prices increased in domestic and international trading.
- When
- Wednesday.
- Where
- The Multi Commodity Exchange in India and international markets, including New York.
- Why
- Fresh positions, firm spot demand for gold, and positive global price trends supported the gains.
- Gold October futures
- Rs 1,51,612 per 10 grams after rising Rs 803, or 0.53%.
- Silver December futures
- Rs 2,35,170 per kilogram after gaining Rs 3,052, or 1.31%.
- Gold international price
- Gold futures in New York rose 0.70% to USD 4,322.14 per ounce.
- Silver international price
- Silver futures gained 1.34% to USD 64.52 per ounce.
- Gold turnover
- The October gold contract recorded a business turnover of 775 lots.
- Silver turnover
- The December silver contract recorded a business turnover of 1,874 lots.