News > Gold and silver regain sheen in March

Gold and silver regain sheen in March

Bolstered by expectations of interest rate cut by the US Federal Reserve, COMEX gold posted its biggest monthly gain since November 2022 and silver, too, managed to log handsome gains in March. Gold gained 9.8 per cent to settle at $2,254.8 an ounce and silver closed 9.7 per cent higher to settle at $25.1 an ounce. MCX gold closed at ₹67,725 per 10-gram, 7.57 per cent higher and MCX silver closed at ₹75,044 per kilogram, 5.3 per cent higher.