Gold and silver prices edged higher on Thursday (November 6), buoyed by renewed safe-haven demand as global equities slipped and investors weighed stronger-than-expected U.S. employment data alongside evolving interest rate expectations.

In India, 24-karat gold was priced at Rs 12,147 per gram, while 22-karat gold stood at Rs 11,134 per gram. Silver was quoted at Rs 150.40 per gram, or Rs 1.50 lakh per kilogram. In global trade, spot gold rose 1.3% to $3,983.89 per ounce. Advertisement

According to Tai Wong, an independent metals trader, “Gold and silver are modestly higher despite a stronger-than-expected ADP private payrolls report. This should give comfort to bulls who were surprised that metals fell along with risky assets yesterday.”

The latest ADP data showed that U.S. private em

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