Gold, Silver Prices Surge: MCX Gold Up 0.28%, Silver at Rs 2.49 Lakh

• Gold and silver prices recovered losses, with MCX gold up 0.28% to Rs 1,56,204 per 10 grams.
• Silver futures on MCX gained 0.52% to Rs 2,48,832 per kilogram.
• Comex gold rose 0.17% to $5,018.20 per ounce, while Comex silver surged 0.52% to $78 per ounce.
• Prices initially slipped due to stabilizing geopolitical tensions and a stronger US dollar, leading to profit booking.
• Augmont Bullion report notes gold in consolidation due to thin liquidity during Lunar New Year, predicting a rebound towards resistance levels.