NEW DELHI: Gold prices climbed in futures trade on Monday, supported by healthy demand by jewellers at the spot market and positive global sentiment.
Gold prices rose to their highest in more than two months in international markets as Sino-US trade tensions heightened and Washington's threat of tariffs on Mexico stoked worries of a global recession driving investors out to seek refuge in safe-haven bullion, Reuters reported.
Traders said demand from local jewellers lifted the gold prices while the sentiment got a boost from positive trend overseas.
Silver also climbed, supported by raised demand from industrial units and coin makers at the spot market.
The MCXNSE 1.90 % Gold was trading at Rs 32,220 per 10 grams, up by Rs 122, while MCX Silver was trading at Rs 36,570 a kilo, up by Rs 121 around 11:10 am.
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Traders said demand from local jewellers lifted the gold prices while the sentiment got a boost from positive trend overseas.
Silver also climbed, supported by raised demand from industrial units and coin makers at the spot market.
The MCXNSE 1.90 % Gold was trading at Rs 32,220 per 10 grams, up by Rs 122, while MCX Silver was trading at Rs 36,570 a kilo, up by Rs 121 around 11:10 am.
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