Gold prices edged higher on Wednesday, tracking gains in global markets amid renewed optimism that the US Federal Reserve may cut interest rates next month. On the Multi Commodity Exchange (MCX), December gold futures climbed by Rs 328, or 0.26 per cent, to Rs 1,24,241 per 10 grams, with a business turnover of 12,868 lots. The February 2026 contract also gained Rs 171 to trade at Rs 1,25,748 per 10 grams. Silver mirrored the trend, with December futures surging Rs 2,198 to Rs 1,56,885 per kilogram. As per news agency PTI, analysts said expectations of a resolution to the prolonged US government shutdown also supported the precious metal’s appeal as a safe-haven asset. In the international market, Comex gold rose 0.13 per cent to $ 4,121.80 an ounce, while silver advanced 1.55 per

See Full Page