Gold prices have surged, on MCX gold rates were last at Rs 1.51 lakh per 10 grams, in the global market gold rates hit a one-week high, ?as bargain buying emerged. Investors are eyeing the US dollar, bond yields, Federal Reserve rate expectations and geopolitical developments for fresh cues. Experts believe the near-term outlook for gold remains dependent on the balance between safe-haven demand and interest-rate expectations. Bargain-buying after the recent correction could support prices, while a stronger US dollar and expectations of higher interest rates may limit further gains. For MCX gold futures, traders will also watch domestic technical levels and currency movements to assess whether the rebound can extend into the coming week. A sustained rally will require stronger buying momentum rather than a short-lived recovery. In the previous session, gold prices moved higher on Friday, with domestic futures gaining more than 1 percent as the precious metal continued its recovery. The rise came after gold rebounded in the session before that following two consecutive days of losses. The gains were supported by festive-season buying in the domestic bullion market. On the Multi Commodity Exchange (MCX), 24-carat gold futures had climbed Rs 1,655, or 1.11 percent, to Rs 1,51,265 per 10 grams. The contract had settled at Rs 1,49,610 per 10 grams in the trading session before that. Retail gold rates varied across price trackers. According to Bullions, 24-carat gold was priced at Rs 1,51,440 per 10 grams, while GoodReturns listed the gold rate was at Rs 1,50,860 per 10 grams. In international trade, gold was quoted at $4,215.90 per ounce earlier. Sakshi Bajaj is a seasoned Associate Editor with over 15 years of experience in broadcast journalism. She has anchored, scripted, produced shows and w... View More