Bullion futures in a divergent trend

Gold prices edged higher to Rs 1,30,638 per 10 grams while silver futures eased to Rs 1,82,600 per kg as investors turned cautious ahead of the US Federal Reserve’s final policy meeting of the year.

On the Multi Commodity Exchange (MCX), gold futures for February 2026 contract increased by Rs 176, or 0.13 per cent, to Rs 1,30,638 per 10 grams in a business turnover of 13,134 lots.

Last week, the precious metal appreciated by Rs 958, or 0.74 per cent. However, silver futures depreciated by Rs 808, or 0.44 per cent, to Rs 1,82,600 per kilogram in 14,281 lots.