Gold Rate Today: Gold\, silver glitter on high demand\, firm global trend

NEW DELHI: Gold prices surged in futures trade on Monday on increased buying by jewellers at the spot market coupled with a firming trend overseas.

In the global markets, gold prices rose to their strongest level in more than two weeks as the dollar weakened on hopes over US-China trade deal.

A weak dollar means gold will appreciate as the commodity becomes cheaper in other currencies, giving rise to its demand.

Gold Rates - Spot & Futures (.995 purity) (MCX)

DateGold Spot Price
Rs/10 grms (Ahmedabad)		Gold Future Price
Rs/10 grms Expiry: 05-Apr-2019
18-02-201933371.033619.0
15-02-201933193.033398.0
12-02-201932891.032840.0
11-02-201932913.033073.0
08-02-201933043.033226.0
07-02-201933000.033089.0
06-02-201933210.033386.0
05-02-201933281.033410.0
01-02-201933262.033426.0
31-01-201933209.033070.0
30-01-201933000.032929.0
29-01-201932862.032961.0
28-01-201932691.032623.0
25-01-201932303.032449.0


The MCX Gold was trading at Rs 33,550 per 10 grams, up by Rs 166, around 10:50 am.

Silver prices also witnessed a sharp rise in futures trade on raised orders from industrial units and coin makers at the bullion market.

The MCX Silver was trading Rs 268 higher at Rs 40,230 a kilo around that time.