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Prices of gold and silver bounced back in futures trade on Wednesday after three straight sessions of losses, as traders stepped in for value buying ahead of the Federal Reserve’s meeting minutes.

On the Multi Commodity Exchange (MCX), gold futures for December delivery rose by Rs 674, or 0.55%, to Rs 1,23,314 per 10 grams in 10,726 lots. The February 2026 contract gained Rs 498, or 0.4%, to Rs 1,24,750 per 10 grams in 6,336 lots.

Silver futures moved in tandem with gold. The December contract on MCX advanced Rs 988, or 0.64%, to Rs 1,55,632 per kg in 12,524 lots, while the March 2026 contract increased by Rs 1,270, or 0.81%, to Rs 1,58,737 per kg in 11,869 lots.

In global markets, Co

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