On lower side, Gold will be supported at Rs 29,150 per 10 grams and INR 29,050.
MCX Gold futures ended flat around Rs 29,300 per 10 grams yesterday after testing a low under Rs 29,100 levels. However, a tepid start is expected in the metal today with slide towards Rs 29,200 likely on cards.
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.
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