Gold back above Rs 32,000 levels; Silver flat

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Gold back above Rs 32,000 levels; Silver flat
Gold futures breached Rs 32,000 mark on Saturday and was seen trading flat on the Multi Commodity Exchange.

On Friday, International gold surged by 1.4% on weak weak dollar and hopes of Greek bailout. International gold was last seen at $1,749 an ounce.

While, domestic spot gold prices on Friday surged by Rs 110 to Rs 32,560 per 10 gm.

The most traded commodity gold for December delivery on MCX opened at Rs 32,300 per 10 grams. It was seen trading at Rs 32,298 per 10 grams around 12.40 pm IST.

At MCX, silver for December delivery was trading flat at Rs 63,526 per kgs.

Gold sentiment was boosted due to on going wedding season and firm trend seen in overseas market.

GoodReturns.in

Read more about: gold, silver, dollar
Story first published: Saturday, November 24, 2012, 12:49 [IST]
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