India, Jan. 2 -- Gold and silver futures traded higher on Friday, supported by strong global trends as investors moved toward safe-haven assets amid expectations of lower US interest rates.
On the Multi Commodity Exchange (MCX), gold futures for February delivery rose by Rs 948, or 0.7 per cent, to Rs 1,36,752 per 10 grams, with a trading volume of 15,639 lots.
The yellow metal had settled at Rs 1,35,804 per 10 grams in the previous session, up Rs 357, or 0.3 per cent, from Rs 1,35,447 per 10 grams recorded a day earlier.
Market sentiment remained positive as global cues strengthened on expectations that the US Federal Reserve may move toward interest rate cuts, boosting demand for precious metals.
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