Gold, silver rally on Fed rate cut hopes, US shutdown resolution
New Delhi, Nov 11 (PTI) Gold and silver prices rallied in the futures trade on Tuesday tracking firm global trends amid easing concerns over the US government shutdown and growing expectations of a rate cut by the Federal Reserve in its December meeting. On the Multi Commodity Exchange (MCX), gold futures for December delivery extended the gains for the fourth consecutive day appreciating Rs 725, or 0.58 per cent to Rs 1,24, 695 per 10 grams. Similarly, the February 2026 contract for the yellow metal futures surged by Rs 736, or 0.59 per cent to Rs 1,26,101 per 10 grams.