New Delhi. Gold is continuously increasing its shine in the market. The price of gold increased by Rs 1185 in the futures market on Thursday. Due to this, the December futures price of 24 carat gold on Multi Commodity Exchange i.e. MCX has become Rs 1.28 lakh per 10 grams. The price of gold has also increased in the international market. Due to many reasons including the possibility of interest rates being reduced by the US Federal Reserve and the Russia-Ukraine war, gold has increased to $ 4254.80 per ounce in the international market.
Gold became costlier by 0.93 percent on MCX on Thursday. Due to this, gold touched a new high of Rs 128395 in December futures trading. Due to gold becoming expensive on MCX, its price is continuously increasing in the bullion market also. In the future price of February 2026, gold has increased by Rs 977 to Rs 129380. This is an increase of 0.76 percent. Silver prices have also increased on MCX. The futures price of silver for December has increased by Rs 2454 or 1.51 percent. Due to this, the December futures price of silver has become 164660. Whereas, for the futures trade of March 2026, silver has become costlier by Rs 2699 and reached Rs 164958 per kg.
The main reason for the rise in the prices of gold and silver is the decline in the price of the US dollar against other currencies. The dollar index has fallen 0.17 percent to 98.63 against the currencies of six countries. Gold and silver are becoming expensive due to the ongoing war between Russia and Ukraine and the increased prices of goods in America due to Donald Trump’s tariffs and the fear of recession. Gold and silver have filled the pockets of investors this year. Silver is showing more growth than gold. From January this year till now, those investing in silver have made about 7 times profit. At the same time, the price of gold has increased by 50 percent this year.
