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Gold gains nearly 2 per cent, silver surges 3 pc on weak dollar and falling oil prices amid global market tensions
Updated On: 06 May, 2026 04:28 PM IST | Mumbai | mid-day online correspondent
The bullion rally was supported by a weaker dollar and falling oil prices, while easing geopolitical tensions also boosted sentiment. However, analysts cautioned that high crude prices and interest rate concerns may limit further gains
-1778062351034_d.png "Gold gains nearly 2 per cent, silver surges 3 pc on weak dollar and falling oil prices amid global market tensions")
Bullion prices rise sharply in domestic and global markets. Representational Image
Gold prices opened higher on the Multi Commodity Exchange (MCX) and continued to gain through the session. Gold futures opened at Rs 1,52,000 per 10 grams, up Rs 2,247 from the previous close of Rs 1,49,753, as reported by IANS.
Gold was trading at Rs 1,52,419, up Rs 2,666 or 1.78 per cent in morning. During the day, it touched a high of Rs 1,52,450 and a low of Rs 1,51,653, still maintaining strong gains.
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