Gold in India moved higher, with 24-carat trading at ~₹1,14,890 per 10g.
Silver also saw an uptick, rising ~₹100 per kg.
The rise reflects seasonal buying and safe-haven flows from equity weakness.
Global gold trends and weakening equities support bullion demand.
The rise was modest, not a sudden spike, showing cautious buying.
Investors used gold as a hedge against volatility elsewhere.
Jewelry demand in metro cities remained stable despite market turmoil.
If equities further weaken, safe assets may see stronger inflows.
But gold’s upside is limited by interest rate expectations and yields.
Traders will watch global cues (USD, rates, inflation) for direction.