Gold and silver prices gained on Monday, November 10, tracking firm global cues as weak US economic data and expectations of a Federal Reserve rate cut in December boosted safe-haven demand.

In India, 24-karat gold traded at ₹12,322 per gram, 22-karat at ₹11,295, and 18-karat at ₹9,242. Silver prices stood at ₹152.40 per gram or ₹1.52 lakh per kilogram.

Internationally, spot gold rose 1.4% to $4,053.40 per ounce, while silver gained 1.8% to $49.18 per ounce. Analysts said the metals are drawing strength from renewed concerns over a global slowdown and speculation that the US central bank may ease policy sooner than expected.

“Gold is catching a solid bid from traders, with the metal rising on anticipation that a rate cut could still arrive next month, even though the Fed has been down

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