MCX Gold Surges ₹4,609 to ₹1,53,970, Extending Recovery from 10 Jun Low as COMEX Leads the Charge

MCX Gold has gained ₹4,609 per 10g, or 3.09%, since the 10 Jun 02:34 pm IST flash that marked a low of ₹1,49,361, with the contract now trading at ₹1,53,970. This move explicitly extends and reverses that prior decline. The primary mechanical driver is COMEX Gold, which has advanced to $4,383.1 per oz, up 1.21% from its previous close of $4,330.9. A firmer rupee at 94.52 against the prior close of 94.74 provided a partial offset but was insufficient to cap the rally. MCX Silver's concurrent 0.73% gain to ₹2,51,935 per kg corroborates broad precious-metal strength. Today's session move of 0.57% from the previous close of ₹1,53,091 confirms continued upward momentum. Watch: ₹1,55,000 as the next psychological resistance level.