New Delhi, Aug. 14 -- Gold and silver prices in your city on August 14: Yellow metal prices increased for the third consecutive day in global markets, as optimism grew about potential Federal Reserve interest rate cuts following Treasury Secretary Scott Bessent's call for the US central bank to reduce borrowing costs.

On Thursday, August 14, MCX Gold October 3 contracts rose marginally at 0.08 per cent at Rs.1,00,263 per 10 grams at 9:40 am, while MCX Silver September 5 contracts were up 0.16 per cent at Rs.1,15,210 per kg.

The gold prices have surged by an impressive 1,200 per cent, surging from Rs.7,638 in 2005 to more than Rs.1,00,000 in 2025 (up to June). In 20 years, gold has provided positive returns in 16 years. Year-to-date (YTD...