Silver jumps above Rs 37k
The commodity has rallied as much as 1.5 percent from the days low.
MCX Gold edges higher
So far, the yellow metal has advanced almost a percent from the days low.
Check out todays Gold, Silver rate in India
Spot Silver prices are now up 0.4 percent, while spot Gold prices are flat on MCX.
Daily Outlook for Gold on 09 Oct
Further decline in MCX Gold December futures are likely to take prices towards 50-DMA. Hence, for a pull-back rally, the yellow metal needs to clear and trade above the 200-DMA.
Thin moves in MCX Gold
So far, the commodity has touched a low at Rs 26,431 and a high at Rs 26,516.
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MCX Crude Oil continues uptrend