Corporate Compliance 16 September 2026
Gold Surges Rs 800 as Silver Jumps Amid Fed Rate Hike Anticipation
Gold prices jumped Rs 800 per 10 gram, lifting the MCX rate above 24,000, while silver surged past 22,000. Traders link the rise to expectations of the U.S. Federal Reserve’s first rate hike in three years, with a likely 25‑basis‑point increase that could steer global commodity markets.
Gold rose Rs 800 per 10 gram, pushing the MCX price above 24,000.
Silver surged past the 22,000 mark.
- The U.S. Federal Reserve is expected to deliver its first rate increase in three years, likely a 25‑basis‑point hike.
- Higher rates often drive investors toward precious metals as safe‑haven assets.
- Market sentiment remains bullish on gold and silver despite broader economic uncertainties.
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