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MCX Gold, Silver Rise Amid Diwali Festivities: Gold crosses Rs 1.43 lakh, silver jumps Rs 2,054

Reported by: Zee Business, CNBC TV18, Economic Times ·

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Multi Commodity Exchange of India

Summary

Gold and silver rose on the MCX, the Multi Commodity Exchange, on November 9. Zee Business reported that gold crossed ₹1.43 lakh and silver rose ₹2,054, linking the move to the Diwali festivities. CNBC TV18 said gold rose 1% and silver gained 1.7%, with silver ahead of gold as global bullion prices recovered and buying returned at lower levels. Economic Times reported gold up ₹1,400 per 10 grams and silver up ₹4,000 per kg, and linked the rise to a fall in oil prices easing bets on rate hikes. The outlets give different figures because they measure different sessions and units: gold is quoted per 10 grams and silver per kg. MCX is the exchange where commodity futures trade in India.

AI summary of what Zee Business, CNBC TV18 and Economic Times reported. AI can make mistakes. Read the full story on Zee Business

Sources

Every outlet that reported this story. Each link opens the outlet's own article.

What each outlet wrote

The same news, in each outlet's own headline. Open one to read their full story.

Average tone +1.7 across 3 outlets. Their headlines lean positive.

Each score is a headline's positive words minus its negative words. It describes the wording, never the company. Business news outlets are listed first. How we measure tone

Economic Times  · via Google News · · Tone 0

MCX gold prices rise Rs 1,400/10g; silver up Rs 4,000/kg as fall in oil ease rate hike bets. Buy, sell or

Zee Business  · via Google News · · Tone +2

MCX Gold, Silver Rise Amid Diwali Festivities: Gold crosses Rs 1.43 lakh, silver jumps Rs 2,054

CNBC TV18  · · Tone +3

Gold rises 1%, silver gains 1.7% on MCX: Will the rally continue

Gold and silver prices on the MCX extended gains on November 9, with silver outperforming gold amid a recovery in global bullion prices and renewed buying at lower levels.

Some headlines quote an analyst. Those views are theirs, not ours.

When each outlet reported it

The first outlet to publish, then the others, with the gap after the first report.

  1. Economic Times ·

    First report

  2. CNBC TV18 ·

    1 h 59 min after the first report

  3. Zee Business ·

    3 h 30 min after the first report

Key terms

Words in this story, explained in plain language in our Learn pages.

  • rate hike

    Why prices rise over time, how India measures inflation, what the repo rate is, and why the two together affect savings, loans and what your money can buy.

    Learn: Inflation and interest rates

Earlier coverage

What outlets reported about the same company before this story, newest first.

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