Gold and silver prices edged higher on Thursday (November 6), supported by renewed safe-haven demand as global equities retreated and investors assessed stronger-than-expected US employment data alongside evolving rate expectations.

In India, 24-karat gold was priced at ₹12,147 per gram, while 22-karat gold stood at ₹11,134 per gram. Silver prices were quoted at ₹150.40 per gram, or ₹1.50 lakh per kilogram.

In global markets, spot gold rose 1.3% to $3,983.89 per ounce.

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 report showed that US private employment increase

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