Gold prices gained, supported by a weaker DXY ahead of a Federal Open Market Committee outcome later in the day. MCX August Gold futures rose by 0.19% to reach INR59,301 per 10g, whilst July Silver futures reached INR72,305, up 0.29%. On Comex, Gold futures were at $1,960.10 per troy ounce with a 0.08% increase. Analysts have noted that gold and silver are likely to remain attractive investor options to combat the global economic climate, with Anuj Gupta, Vice President at IIFL Securities, stating that the former's futures have declined by 1.69% in June while increasing 7.75% on a year-to-date basis.
