INSUBCONTINENT EXCLUSIVE:
Gold Rate Today: Spot gold closed at Rs 51,238 per 10 grams on Monday, according to Mumbai-based IBJAGold Price In India: Domestic gold
futures edged higher to cross the Rs 50,050 mark in early trade on Tuesday, as weakness in the dollar overseas made the yellow metal cheaper
for investors dealing in other currencies
Globally, Comex spot gold traded 0.24 per cent higher at $1,910.20 per ounce at the time, while silver was up 0.66 per cent at $24.58 per
having declined as much as 0.11 per cent earlier on Tuesday
Despite weakness in the greenback, the rupee was down 0.34 per cent at 73.85 against the dollar.Domestic spot gold closed at Rs 51,238 per
10 grams on Monday, and silver at Rs 61,706 per kilogram - both rates excluding GST, according to Mumbai-based industry body India Bullion
Exchange traded fund outflows also show weaker investor interest
Securities."The general bias, however, remains on the upside as concerns about the US economy may keep pressure on the US dollar."
