Gold Rate Today: Gold, silver shine on higher demand, firm global trend
The MCX Gold was trading at Rs 32,061 per 10 grams.
By ETMarkets.com |
NEW DELHI: Bullion counter was upbeat in domestic futures trade on Friday, backed by stronger spot market demand and firm global trend.
Gold prices edged higher on Friday amid concerns that a prolonged US government shutdown could exacerbate an already slowing global growth, while markets awaited US-China trade talks scheduled for next week, Reuters reported.
Traders said demand from local jewellers in the ongoing wedding season lifted the gold prices, while the silver prices climbed on higher orders from industrial units and coin makers.
The MCX Gold was trading at Rs 32,061 per 10 grams, up by Rs 48, while MCX Silver was trading Rs 147 higher at Rs 39,030 a kilo around 11 am.
Gold prices edged higher on Friday amid concerns that a prolonged US government shutdown could exacerbate an already slowing global growth, while markets awaited US-China trade talks scheduled for next week, Reuters reported.
Traders said demand from local jewellers in the ongoing wedding season lifted the gold prices, while the silver prices climbed on higher orders from industrial units and coin makers.
The MCX Gold was trading at Rs 32,061 per 10 grams, up by Rs 48, while MCX Silver was trading Rs 147 higher at Rs 39,030 a kilo around 11 am.
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