Gold Price Today: On the Multi Commodity Exchange (MCX) India, gold was trading 0.17 percent higher at Rs 46,071 per 10 grams in a business of 841 lots on Tuesday morning.
Today the price of gold in India has increased by Rs 40 per 10 grams. However, according to the data of the Good Returns website, the price of 22-carat 10 grams of gold is still below Rs 46,000. Gold prices rose in futures trade as speculators created fresh positions amid strong spot demand.
On the Multi Commodity Exchange (MCX) India, gold was trading 0.17 percent higher at Rs 46,071 per 10 grams in a business of 841 lots on Tuesday morning. On the other hand, analysts say that the fresh positions of the participants have led to the rise in gold prices.
Meanwhile, in the international market, gold prices declined against an increase in US Treasury yields and a strengthening dollar. According to a Reuters report, spot gold fell 0.1 percent to $ 1,748.01 an ounce and US gold futures fell 0.3 percent to $ 1,747.50.
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