Gold, silver prices climb on MCX due to value buying as dollar eases; experts highlight key levels to watch

Gold and silver prices climbed on MCX in early trade on 20 July, supported by value buying as the US dollar eased. MCX gold August futures rose 0.30 percent to Rs 1,41,322 per 10 grams, while MCX silver September contracts gained 1.38 percent to Rs 2,19,400 per kg around 9:15 am. Elevated crude oil prices are sustaining expectations of further rate hikes by the US Federal Reserve.