Gold and silver prices moved higher across major Indian cities as strength in international bullion markets and rupee depreciation supported sentiment. Chennai recorded the highest gold rates among metro cities, while silver remained above Rs 2.34 lakh per kilogram in key markets.
MCX gold and silver prices opened sharply lower on June 19 as traders reacted to the US Federal Reserve's hawkish stance, easing geopolitical tensions in the Middle East, and growing expectations of higher interest rates.