Gold Silver Price update

A softer US dollar and a decline in bond yields triggered buying in precious metals, driving gold and silver prices higher in global markets and in the domestic futures market on Thursday morning. MCX gold October futures were 0.25% up at ₹1,58,391 per 10 grams, while MCX silver September contracts were 1.23% up at ₹2,39,709 per kg around 9:20 AM. US gold prices rose to levels near their highest in over two months after a liquidity support announcement by the U.S. Treasury Department dragged yields and the dollar lower.