Gold rose to a two-week high as a weaker US dollar and lower Treasury yields increased bullion's appeal, while easing oil prices tempered inflation concerns. Indian retail prices climbed, with 24K gold up 1.23% and silver 0.62% in Sangli. The move signals renewed safe-haven and rate-sensitive demand, supporting gold's near-term tone.
AI Insight · NCCOGOLD2USD/USDTAI Insight
▲ Bullish
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Silver prices rose in tandem. 999 fine silver was quoted at 189,040 rupees per kilogram, up 0.62%.