Gold, silver prices rise up to 2.6% on COMEX; what investors are watching this week
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Gold and silver prices rose in international markets on Monday, November 9, as investors tracked global conflicts and inflation data.
- ✓On COMEX, gold futures climbed 1.45% to $4,134.10 per ounce, while silver jumped 2.63% to $53.31.
- ✓Many traders now watch US interest rate cues to see how markets move next.
Story at a Glance
- Category
- Indian Markets
- Reported By
- CNBC TV18
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Gold and silver prices rose in international markets on Monday, November 9, extending gains after both precious metals recorded a strong weekly advance. Investors are tracking developments in the US-Iran conflict, movements in the US dollar and Treasury yields, and upcoming inflation data for cues on the outlook for interest rates.
On COMEX, gold futures were trading at $4,134.10 per ounce, up $59.20 or 1.45% from the previous close of $4,074.30 an ounce. Prices touched an intraday high of $4,134.70 anounce and a low of $4,062.50 an ounce.
Silver futures were trading at $53.31 per ounce, up $1.368 or 2.63% from the previous close of $51.61 an ounce. The metal touched a high of $53.38 an ounce and a low of $51.415 an ounce.
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