INSUBCONTINENT EXCLUSIVE:
also fell by around Rs 1,000 to trade at Rs 63,983 per kg
In the previous session, gold and silver had fell by around Rs 1,000 and Rs 2,000 respectively.In the international market also, gold prices
$23.70.Commenting on the movement of gold prices, Head of Commodity Research at Kotak Securities, Ravindra Rao said, "COMEX gold trades
Gold is stable today as market players moved to sidelines ahead of US inflation data
Gold is range bound also as support from rising virus cases, increased geopolitical tensions and concerns about China are countered by
firmness in US dollar and weaker investor interest
Gold may remain choppy ahead of inflation data however if inflation reading is in line or less than market expectations than Fed's
tightening expectations may subside and gold may get some footing."
