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Gold and Silver Prices Rise in Domestic Futures Market Amid Global Cues

Gold and silver prices edged higher in the domestic futures market on Tuesday morning, supported by weakness in the US dollar and fresh global developments.

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At 9:10 AM, MCX Gold October 3 contracts were trading 0.27% higher at Rs.100,897 per 10 grams, while MCX Silver September 5 contracts gained 0.31% to reach Rs.1,16,314 per kg.

The uptick follows political and monetary shifts in the United States. US President Donald Trump’s decision to dismiss Federal Reserve Governor Lisa Cook over alleged mortgage borrowing misconduct, coupled with Fed Chair Jerome Powell’s dovish stance at the Jackson Hole Symposium, weighed on the dollar and boosted safe-haven demand.

In his August 22 address, Powell signaled a pivot from inflation concerns to prioritizing the US job market, reinforcing expectations of a potential rate cut in September. Gold responded with a strong rebound, closing 1% higher at $3,372 on Friday and recording a weekly gain of 1.1% as of August 22.

Market analysts suggest that bullion may continue to find support in the near term as investors track global monetary policy signals and geopolitical shifts.

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National News

Talla Jewellers Successfully Hosts Free Health Checkup Camp with Fortis Escorts Amritsar and Live For Others Foundation

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Talla Jewellers, in collaboration with Fortis Escorts Amritsar and the Live For Others Being Helpful Foundation, successfully conducted a Free Health Checkup and Medical Consultation Camp on 1st December at its Janipur Store.

Held from 8:00 am to 12:30 pm, the initiative saw strong participation from the local community, with residents walking in for complimentary services that included complete body checkups, doctor consultations, health screenings and expert medical guidance. Participants also received their medical reports directly on WhatsApp for convenience.

The event aimed to promote early detection and encourage preventive healthcare, offering accessible medical support to individuals and families. The camp concluded with positive feedback and appreciation from attendees, reinforcing Talla Jewellers’ commitment to community well-being.

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