Bullion started steady this morning, lacking conviction to move out of its recent trading range as investors eye discussions on how to avert a fiscal crisis in the world's top economy US.
Gold is expected to remain rangebound in the middle of budget talks, but the longer-term outlook for Gold and Silver remains upbeat.
Overall sentiments for Bullion commodities are sideways to positive for day. MCX Gold December contract to find major support at 31600 for intraday. Upside move can be expected till Rs 31900. MCX Silver December contract is set to find major support at Rs.61200.