Gold, Silver Rise as Weaker Dollar Lifts Bullion
Gold and silver prices rise as a weaker US dollar offsets Fed rate hike concerns and higher crude oil prices.
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“Gold, Silver Rise as Weaker Dollar Lifts Bullion”
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20 Jul 2026
New Delhi, July 20 (IANS) Gold and silver prices traded higher on Monday, supported by value buying after the US dollar eased slightly, although elevated crude oil prices kept investors cautious amid expectations of another US Federal Reserve rate hike.
On the Multi Commodity Exchange (MCX), gold futures for August delivery rose as much as 0.52 per cent or Rs 743 to hit an intraday high of Rs 1,41,649 per 10 grams at 11:45 am.
At the last count, the yellow metal was trading at Rs 1,41,254, up Rs 348 or 0.25 per cent. During the session so far, it touched an intraday low of Rs 1,41,081.
