Gold prices rose marginally by 0.1 percent on Thursday on the back of rise in risk aversion in the markets.
The yellow metal touched an intraday high of $1701/oz and ended its trading session at the level of $1694/oz yesterday.
On the MCX, Gold December contract slipped around 0.8 percent on account of appreciation in the Indian Rupee and touched an intra-day low of Rs28, 518/10 gms yesterday.
Silver
Spot silver prices gained around 0.2 percent on Thursday touching an intra-day high of $32.20/oz and closed at $31.8/oz.
However, sharp gains were capped as silver being an industrial metal also took cues from downside in base metals too.
MCX Silver December contract declined sharply by more than 1 percent and touched an intra-day low of Rs55,042/kg on Thursday.
Courtesy: Angel Commodities
If you want to have a free trial on Indian commodities or equity markets CALL TOLL FREE
08049311177 or visit tips.commodityonline.com
