Gold Prices Today: Domestic spot gold closed at Rs 4,506 per 10 grams on TuesdayHighlightsDomestic spot gold closed at 4,506 per 10 grams on Tuesday Gold futures were last trading lower by 0.15 per cent at 46,904 Silver futures were last up 0.06 per cent at Rs 67,694Gold Price In India: Domestic gold futures witnessed volatile trading marginally lower on Wednesday, April 14.On Multi Commodity Exchange (MCX) gold futures, due for a June 4delivery, were last seen trading lowerby Rs 71 - or 0.15per cent - at Rs 46,904, having swung between Rs 46,836and Rs 46,908 during the session so far, compared to their previous close of Rs 46,975.
Silver futures for a May 5delivery were last up 0.06per cent at Rs67,694.(Also Read:Is Silver The New Gold?)Domestic spot gold closed at Rs 4,506per 10 grams on Tuesday, and silver at Rs 63,064 per kilogram - both rates excluding GST, according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA).''LBMA Gold Spot trading above $1740 levels.
Gold prices moved higher on Tuesday, rebounding as the dollar moved lower and yields dropped.
The decline in the 10-year yield came despite a larger than the expected headline and core CPI report announced on Tuesday by the Department of Labor,'' saidKshitij Purohit, Product Manager, Currency -Commodities, CapitalVia Global Research Limited.''Treasury yields appear to be topping out which could lead to a rally in the yellow metal.
Downside support is $1720 levels, Resistance is at $1760 levels.
MCX Gold June trading with positive momentum in evening session, Downside support for the metal is 46300.
Resistance for the metal is 47100,'' he added.