INSUBCONTINENT EXCLUSIVE:
Current Gold Price In India: MCX gold futures rose to as high as Rs 52,182/10 grams during the sessionGold Price In India: Domestic gold
futures moved higher on Tuesday tracking global spot rates, ahead of the beginning of a scheduled two-day meeting of the US central bank
Multi Commodity Exchange (MCX) gold futures - due for an October 5 settlement - rose by Rs 495 - or 0.96 per cent - to quote at Rs 52,182 at
the strongest level recorded during the session
The gold contract settled at Rs 52,120, up Rs 433 - or 0.84 per cent - for the day
intraday level recorded since September 2, as a softer dollar and expectations the Federal Reserve will reinforce its accommodative monetary
policy supported the yellow metal
during the session.Back home, spot gold settled at Rs 51,893 per 10 grams on Tuesday, excluding Goods and Services Tax, according to
coronavirus pandemic-led turmoil in financial markets
Some analysts say gold is still in a bullish trend from a long-term perspective due to the coronavirus pandemic
(: Gold "Dream Run" May Continue: Analysts)What Analysts Say"Gold price continues to remain stuck in a broad range of $1,900-2,000/oz and
unless there are major triggers, we may see directionless trade ahead
research, Kotak Securities."Gold may remain choppy amid lack of clear cues, however general bias may be on the upside owing to increasing
