Gold and silver prices bounced back on Monday after a sharp correction last week, as investors and jewellers stepped in at lower levels ahead of Diwali and the peak wedding season. The rebound signals renewed appetite for safe-haven assets amid lingering global uncertainties, even as easing trade tensions and expectations of a US rate cut temper the volatility.

On the Multi Commodity Exchange (MCX), gold futures for December delivery have climbed Rs 3,580, or 2.82%, to Rs 1,30,588 per 10 grams. The yellow metal had surged to an all-time high of Rs 1,32,294 on Friday before settling sharply lower at Rs 127,008, snapping a five-day rally .

Silver futures for December also joined the comeback, rising Rs 1,571, or 1%, to Rs 1,58,175 per kilogram after a volatile week in which it dropped ne

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