Bullion futures snap 3-day losing trend

Prices of gold and silver recovered in futures trade after witnessing losses for the three consecutive sessions, as traders indulged in value buying ahead of the release of Federal Reserve’s meeting minutes.

Gold futures for December delivery increased by Rs 674, or 0.55 per cent, to Rs 1,23,314 per 10 grams in 10,726 lots. The February 2026 contract appreciated by Rs 498, or 0.4 per cent, to Rs 1,24,750 per 10 grams in 6,336 lots.

Silver futures followed gold’s trajectory. On the MCX, the white metal for December delivery climbed by Rs 988, or 0.64 per cent, to Rs 1,55,632 per kilogram in a business turnover of 12,524 lots.