Gold Rate Today: Gold prices slip amid trade uncertainty, falling US bond yields
Around 10.45 am, MCX Gold traded at Rs 38,100 per 10 gm, down by Rs 63.
Commodity Summary MCX
Gold prices rose due to an uptick in demand from jewellers in the spot market. Globally, the gold prices are heading for a third straight weekly gain.
SPDR Gold Holdings said its holdings rose 0.9% to 844.29 tonnes on Wednesday. On Friday, spot gold prices were up 0.2 per cent at $1,515.21 per ounce as of 0105 GMT.
Gold Rates - Spot & Futures (.995 purity) (MCX)
|Date||Gold Spot Price |
Rs/10 grms (AHMEDABAD)
|Gold Future Price |
Rs/10 grms Expiry: 04-Oct-2019
However, the domestic markets saw a dip in the price of the yellow metal as risk-on appetite returned on hopes of a rate cut by the US Fed. Also, there was profit booking on the bullion counter. Around 10.45 am, MCX Gold traded at Rs 38,100 per 10 gm, down by Rs 63.
Silver prices fell to Rs 43,938 per kg, down by Rs 141.