The MCX yellow metal is now quoted at Rs 29,256 per 10 grams and white metal is quoted at Rs 42,795 per kg, respectively. The domestic currency is trading 66.93 as against the US dollar.
MCX Gold futures extended the recent upmove above Rs 29,000 per 10 gram levels and edged up above Rs 29,400 levels.
If the pattern of Gold continues further declines can take prices towards Rs 29,100 per 10 grams.
The MCX yellow metal opened a hefty gap today and currently trades down 0.3 percent at Rs 29,330 per 10 grams.
COMEX Gold hit its three month high above $ 1,240 per ounce yet again.
[ More ]
Global commodity check at 9:40 am