Gold Breaks 2-Day Fall, Recovers By 100 Rupees: 5 Things To Know

INSUBCONTINENT EXCLUSIVE:
Gold prices today: Sovereign gold a rose by Rs 100 to Rs 24,800 per piece of 8 gram.Gold prices rose by Rs 100 to Rs 31,850 per 10 gram on
Monday amid buying by local jewellers and positive global sentiment, reported news agency Press Trust of India (PTI)
The demand from local jewellers at the domestic spot market mainly kept gold prices higher following a positive trend overseas, traders were
quoted as saying in the PTI report
about gold prices, silver rates on Monday:1
In the national capital, gold of 99.9 per cent and 99.5 per cent purity rose by Rs 100 each to Rs 31,850 per 10 gram and Rs 31,700 per 10
"MCX gold is trading with positive tone on the first day of the week
This week will be important one as US may post Q3 GDP (Gross Domestic Product) on a higher side
We expect the yellow metal to be volatile in the week
Traders will also turn focus on US-China trade war mattes ahead of Argentina meet of group of 20 countries
The gold may continue to stay positive in the evening session due to weak dollar", said Jigar Trivedi, Fundamental Research Analyst, Anand
Rathi Commodities.5
In line with gold, silver ready advanced by Rs 150 to Rs 37,450 per kg and weekly-based delivery gained Rs 209 to Rs 36,309 per kg