Gold, silver rates today: Comex gold extends rebound above $4,100; silver gains for second day as dollar weakens

Gold and silver prices rebounded for a second consecutive session on Comex, with gold gaining $53 to around $4,111 and silver up nearly $1 to $59.53, supported by a weaker US dollar after the PCE inflation print came in at 4.1%. Despite the bounce, both metals remain in a bear market, with gold down 11% in June (on track for the biggest monthly decline in over a decade) and silver down 22% this month, having fallen 38% since the war outbreak in late February. On MCX, gold rose to about Rs 1,44,784 per 10 grams while silver recovered to some extent, though silver remains down 47% from its record high of around Rs 4,57,328 per kg.