New Delhi, Nov. 9 -- Gold and silver prices, 9 November: Gold and silver prices edged higher in the domestic market on Monday after recent volatility in precious metals as investors awaited key US inflation data and fresh signals from the Federal Reserve on its policy outlook.

In the international market, gold rose more than 1% on Monday as softer oil prices eased inflation concerns. Spot gold climbed 1.6% to $4,129.69 per ounce, while US gold futures for December delivery rose 1.6% to $4,139.00. Bullion gained about 5% last week.

In the domestic futures market, MCX gold futures were trading 0.88% higher at Rs.1,44,300 per 10 grams, while MCX silver futures rose by around 1.78% to Rs.1,88,990 per kg at around 9:13 am.

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