Gold, silver futures climb on Fed rate cut expectations after weak US data
New Delhi, Nov 26 (PTI) Gold and silver prices climbed in the futures trade on Wednesday, tracking firm global trends, as weak US macroeconomic data fuelled expectations of an interest rate cut by the Federal Reserve next month. On the Multi Commodity Exchange (MCX), gold futures for December delivery jumped by Rs 475, or 0.38 per cent, to Rs 1,25,700 per 10 grams in a business turnover of 7,926 lots. Silver futures too gained on the commodities bourse, with the white metal for December delivery surging by Rs 1,388, or 0.89 per cent, to Rs 1,57,709 per kilogram in 8,239