INSUBCONTINENT EXCLUSIVE:
Current Gold Price In India: MCX gold futures rose to as high as Rs 46,600/10 grams during the sessionGold Rate In India: Domestic gold
compared to their previous close of Rs 46,099 per 10 grams
The gold futures contract (delivery on June 5) was last seen trading at the strongest level of the day at Rs 46,600 per 10
opening rate of gold jewellery stood at Rs 46,441 per 10 grams, and silver at Rs 47,640 per kilogram - both excluding Goods and Services Tax
(GST).Gold jewellery prices vary in different parts of India - the second largest consumer of the precious metal - due to factors such as
economic recovery from mandated shutdowns sparked the biggest daily fall since April 30 in the previous session
It is trading close to the support zone of $1700/ounce which needs to be penetrated on daily closing if the bears want to pull it further
commodity research at Kotak Securities."However, US-China tensions, weakness in the US dollar, ETF (exchange traded fund) inflows and
protests in US have kept the price supported as buying might emerge at lower levels
