MeridStreet Open terminal →
MARKET MOVES

Gold prices rise to Rs 1.50 lakh/10g; silver gains ahead of US economic data. Key levels to track

·Economic Times·Impact 3/5 · Notable

Gold prices have risen to Rs 1.50 lakh per 10 grams on the Multi Commodity Exchange, MCX. This increase is largely due to investors awaiting US inflation data for clues on the Federal Reserve's rate outlook, which can impact the value of gold. The firm dollar and ongoing geopolitical tensions have also contributed to the volatility of precious metals. As a result, investors are closely watching the key levels of gold and silver prices.

Read the source report: Economic Times →

Why it matters

Investors are awaiting US inflation data for clues on the Federal Reserve's rate outlook, which could impact gold prices. A firm dollar is also supporting gold prices.

Market impact

Impact score
3 / 5
Market signal
Positive / risk-on
Category
Market moves
Model confidence
60%

Markets & countries in focus

United States

Transmission channels

US inflation data release→Federal Reserve rate decision→Gold price movement→Investor sentiment shift→Market volatility increase

Likely winners & losers

Winners

  • Gold
  • Precious metals

Under pressure

  • Dollar
  • US equities

Explore the intelligence

Open the live MeridStreet terminal →

MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Economic Times. For information only — not financial advice.