Gold Rate Today: Gold rises on firm global trend\, upbeat spot demand

NEW DELHI: Gold prices climbed in futures trade on Wednesday on healthy demand by local jewellers at the spot market and upbeat global trend.

Gold rose to a fresh 10-month high as the dollar struggled before the US Federal Reserve's policy meeting minutes, Reuters reported.

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

DateGold Spot Price
Rs/10 grms (Ahmedabad)
Gold Future Price
Rs/10 grms Expiry: 05-Apr-2019
20-02-201933519.033894.0
19-02-201933519.033903.0
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


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

Higher demand from industrial units and coin makers gave a fillip to silver prices.

The MCX Gold was trading at Rs 33,936 per 10 grams, up by Rs 37, while MCX Silver was trading Rs 75 higher at Rs 40,632 a kilo around 10:35 am.