Gold Silver Rate Today (Oct 19): Metals On The Rise, Check Latest Rates In Delhi, Mumbai, More - ABP Live English

AI desk brief

Gold and silver rose on Oct. 19 as concerns over an imminent Fed rate hike eased after comments from Fed Chair Kevin Warsh, with silver outperforming gold. On MCX, December gold rose Rs 461 to Rs 1,48,379/10g and silver gained Rs 826 to Rs 2,12,013/kg; COMEX gold moved back above $4,200 and COMEX silver advanced toward $57.80.

The near-term setup remains tied to US inflation data and the Oct. 27-28 FOMC meeting, while a firmer rupee is limiting the pass-through of global gains for Indian domestic traders. Key MCX levels cited were gold resistance at Rs 1,48,600 and support at Rs 1,48,000, with silver resistance at Rs 2,14,000-Rs 2,15,000 and support at Rs 2,07,000-Rs 2,08,000.