Overview
- Global spot gold climbed about 0.4% to roughly $4,055 per ounce on reports of a softer US dollar and lower Treasury yields, giving bullion a near-term lift.
- The Sunday Guardian Live shows India’s benchmark 24K rate at about ₹1,44,220 per 10 grams while a separate trade report put Delhi retail at ₹1,47,400, reflecting differences in reporting sources, local taxes, making charges and timing.
- Multi Commodity Exchange (MCX) futures remain a focus for traders when markets reopen because international moves and prior weekly weakness have put futures under pressure and shaped short-term positioning.
- Consumers are reminded that retail jewellery prices include GST and making charges and do not map directly to MCX futures, and buyers should insist on BIS-hallmarked items with a valid HUID and a proper invoice.
- Market participants say the next major drivers are upcoming US economic releases, notably payroll data, Federal Reserve signals and geopolitical developments, any of which could shift the dollar, yields and both futures and retail prices.