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News1809-02-2026, 12:30

Gold, Silver Futures Soar: Global Rebound, Weak Dollar Fuel Rally

  • Silver futures surged nearly 5% to Rs 2.61 lakh/kg, while gold climbed to Rs 1.57 lakh/10 grams in futures trading.
  • The rally is attributed to a global market rebound, a weaker US dollar, and renewed investor interest in safe-haven assets.
  • On MCX, March silver futures rose by Rs 11,853 (4.74%), and April gold futures increased by Rs 2,089 (1.34%).
  • International markets saw silver on Comex advance 6.25% to USD 81.70/ounce and gold climb 1.64% to USD 5,061.49/ounce.
  • Factors include Japan's election results, US-Iran talks, China's continued gold buying, and anticipation of US economic data.

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