Precious metals rally in futures trade

Gold and silver prices rallied in futures trade driven by firm global cues after the end of the prolonged US government shutdown boosted the demand for safe-haven assets.

Extending the gains for the second day, the yellow metal futures for December delivery rallied by Rs 1,180, or 0.93 per cent, to Rs 1,27,645 per 10 grams, on the Multi Commodity Exchange (MCX).

Similarly, the February 2026 contract appreciated by Rs 1,360, or 1.06 per cent, to Rs 1,29,320 per 10 grams.

Silver futures maintained its winning run for the fifth consecutive session. The white metal for December delivery surged by Rs 3,123, or 1.93 per cent, to Rs 1,65,214 per kilogram.