Gold, Silver Surge on MCX After Global Dip: Investors Buy on Weakness

• Gold and silver futures on MCX recorded a significant surge today.
• 24-carat gold futures opened 1% higher on MCX, increasing by ₹1,500 per 10 grams.
• Silver futures on MCX opened 1.85% higher, gaining ₹4,400 per kilogram.
• International spot gold prices recovered to $4,938 per ounce after an initial sharp decline.
• The surge is attributed to short covering and dip buying, despite ongoing market volatility.