Try GOLD - Free
Gold, silver futures soar on weak US jobs data, Fed talk
Mint Ahmedabad
|September 09, 2025
Gold and silver prices rebounded on Monday to scale fresh record highs in the domestic futures market, tracking a rally in the global markets fuelled by weak US labour data and growing expectations of an interest rate cut by the Federal Reserve.
On the Multi Commodity Exchange (MCX), gold futures for October delivery climbed ₹452 or 0.42% to touch a fresh lifetime peak of ₹1,08,180 per 10 gms. Similarly, the December contract advanced ₹370 or 0.34% to breach the ₹1.09 lakh mark per 10 gms. "Gold took positive cues with gains to hit a record high of ₹1,08,000 per 10 gms on the MCX, after last week's weak non-farm payroll data strengthened expectations of a Fed rate cut in the upcoming policy meet
This story is from the September 09, 2025 edition of Mint Ahmedabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Ahmedabad
Mint Ahmedabad
Flipkart gets nod for India residency
tion of Industry and Internal Trade (DPIIT) to clarify that the investment is purely financial innature and carries no board representation orcontrol,” this personsaid.
2 mins
December 16, 2025
Mint Ahmedabad
Bumper first-day openings fade as word of mouth trumps star power
Bumper openings are starting to fade, as audiences—overwhelmed by content—place greater trust in word of mouth than in star power or pre-release hype.
2 mins
December 16, 2025
Mint Ahmedabad
Revolut calls for ‘passport equivalent’ financial identity
UK-based fintech Revolut is seeking to replicate its global approach to cross-border payments in India, targeting smoother transactions in key segments such as travel and education, a top executive said.
2 mins
December 16, 2025
Mint Ahmedabad
Consumer sentiment rebounds after festive season, risks remain
India’s consumers are beginning to feel—and spend— better again.
2 mins
December 16, 2025
Mint Ahmedabad
Indian IT firms betting on Salesforce expertise amid AI uncertainty
TCS announced on 10 December that it has acquired Coastal Cloud, a Florida-based tech consulting firm, for $700 million.
2 mins
December 16, 2025
Mint Ahmedabad
China no longer needs Germany— and Germany wants a divorce.
Some German manufacturers think once-symbiotic partnership has turned into abusive relationship and they want out
6 mins
December 16, 2025
Mint Ahmedabad
Gold surges to fresh lifetime high
Gold prices surged by ₹4,000 to touch an all-time high of ₹1,37,600 per 10 grams in the national capital on Monday, tracking firm global cues, according to the All India Sarafa Association.
1 min
December 16, 2025
Mint Ahmedabad
The ₹15 question: Why is sugarcane leaving Uttar Pradesh for Haryana?
Sugarcane farmers in Uttar Pradesh (UP) are selling their produce to mills in neighbouring Haryana, attracted by the latter's higher state advised price (SAP).
2 mins
December 16, 2025
Mint Ahmedabad
R Kumar launches e-comm platform
R Kumar Opticians, one of India’s oldest luxury eyewear retailers, has launched an e-commerce platform to make its curated collections available across the country.
1 min
December 16, 2025
Mint Ahmedabad
Why everyone got Trump’s tariffs wrong
Inthe days following “Liberation Day,” the contrast between Trump's optimism and more dire predictions from trade experts and economists was stark.
5 mins
December 16, 2025
Listen
Translate
Change font size