Gold, silver futures climb on Fed rate cut expectations after weak US data
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 ₹475, or 0.38 per cent, to ₹1,25,700 per 10…
