INSUBCONTINENT EXCLUSIVE:
Silver September futures, though were trading higher at Rs 68,907 per kg, against the previous close of Rs 68,365 per kg.At the
international level, gold remained stable with minutes from the Federal Reserve's last meeting revealing that it is planning to taper its
asset purchases this year itself.Meanwhile spot gold was at $1,803.01 per ounce
Gold is pressurised by firmness in the US dollar as FOMC minutes added to uncertainty about Fed's monetary tightening
Also weighing on price is continuing ETF outflows
However, supporting price is renewed virus concerns and uneven global economic recovery
Ravindra Rao, Vice President - Head Commodity Research at Kotak Securities, while commenting on gold trends.
