Gold futures flat on MCX; silver up

MCX silver futures rose marginally by Rs 78 per kg, and was trading at Rs 59,721 per kg.
International gold was seen at $ 1,710 an ounce. On Friday, gold inched up marginally after better than expected US gross domestic data. The data showed that the U.S. economy grew by 2%, versus 1.3% in the second quarter.
However, concerns over the global economic recovery and doubts on the future of monetary policy which was unveiled by Fed Chairman Ben Bernanke, weighed on the sentiment.
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