Gold and silver hit fresh lifetime highs on the MCX on Tuesday amid strong safe-haven demand and ongoing geopolitical tensions. Gold February futures traded above Rs 1.58 lakh after breaching $5,100 globally, while silver March futures rallied nearly 6%. International prices also stayed firm, supported by a softer dollar and robust investor demand. Analysts see continued volatility, with bullion expected to remain firm and buying on dips advised.
WACR tops repo rate for first time in nearly 2 months
Liquidity in the banking sector has contracted to below ₹5 lakh crore, causing the weighted average call rate to rise to 5.31%. The Reserve Bank