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MCX gold futures traded below Rs 1,39,000 per 10 grams on 2 November, while silver gained 1.63% to Rs 1,82,054 per kg. Spot gold rose 0.7% to $3,900.90 an ounce after a sharp prior-week correction.
The move is a routine bullion rebound tied to oil, the dollar and Fed expectations. It has no direct effect on feed commodity supply or demand.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.