Indian spot gold rate and silver price for Monday, Sep 27, 2021

New Delhi: Gold and silver prices rose in the domestic market on Monday amid positive signals from the global market. October futures gold rose 0.33 percent on the Multi Commodity Exchange (MCX) on Monday. Like gold, silver also showed strength. December futures silver prices jumped more than 1 percent. In the global market, uncertainty over China's Evergrande (Evergrande) pushed gold prices to more than $1,750, boosting the precious metal's safe-haven appeal.

In the previous trading session, gold fell 0.13 percent to a 6-month low, while silver was down 1.4 percent. Gold has remained volatile this year after touching a record high of Rs 56,200 last year. The price of gold is still Rs 10,000 less than the record high. Gold rose 152 rupees, to 46,147 rupees per 10 grams on Monday. MCX Gold rose 0.5 percent to $1,757.79 an ounce in global markets.

Gold prices have been supported by the fall in the U.S. dollar. The dollar index fell 0.12% to 93.22 today. Silver rose 628 rupees, to 60,583 rupees per kilo. Silver rose 0.9 percent to $22.61 an ounce in international markets.

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