The last traded gold futures price is Rs 68 or 0.14% higher – at Rs 48,220
Gold price in India: Gold futures prices trade slightly higher on Friday, December 24, as the yellow metal reflects trends in international markets. On the Multi-Commodity Exchange (MCX), gold futures for delivery February 4, last traded Rs 68 or 0.14% higher – at Rs 48,220, from the previous close. is 48,152 Rs. Silver for March 4 futures futures was down 0.01% at Rs 62,302 from the previous close of Rs 62,311.
#Yellow and #Silver Close the door #Price for December 24, 2021#IBJApic.twitter.com/OvMnVIuerI
– IBJA (@ IBJA1919) December 24, 2021
Domestic spot gold opened at Rs 48,280 / 10 grams on Friday and silver at Rs 61,843 / kg – both rates excluding GST, according to the Indian industry body (IBJA) based in India. Mumbai.
The safe-haven dollar rallied again today, with signs that the Omicron variant will not have a significant impact on global economic growth.
The greenback topped its worst week since September while other risk-friendly assets from bitcoin to the Australian dollar held on to recent gains on concerns about the severity of the variation. New COVID-19.
Dr. Ravi Singh, Vice President and Head of Research, ShareIndia:
” Supported by strong inflows during the wedding season, the festive season and renewed interest in Omicron have increased volatility in gold prices. However, the dollar’s moves are testing gold prices to trade in a range bound zone.
Buy Near – 48100 for 48,400 . target
Sell lower zone – 47800 for 47,600” target
