Gold Rate Today: Gold jumps on healthy spot demand
Gold prices steadied in global markets, after recovering from a more than five-week low in the previous session.
NEW DELHI: Gold prices jumped higher in futures trade on Wednesday, buoyed by healthy demand by jewellers at the spot market and signs of recovery in the safe-haven asset in global markets.
Gold prices steadied in global markets, after recovering from a more than five-week low in the previous session, supported by a pause in global equities' rally, Reuters reported.
Silver also witnessed gains on raised demand by industrial units and coin makers.
The MCX Gold was trading at Rs 32,208 per 10 grams, up by Rs 125, while MCX Silver was trading Rs 48 higher at Rs 38,500 a kilo around 12 pm.
Gold prices steadied in global markets, after recovering from a more than five-week low in the previous session, supported by a pause in global equities' rally, Reuters reported.
Silver also witnessed gains on raised demand by industrial units and coin makers.
The MCX Gold was trading at Rs 32,208 per 10 grams, up by Rs 125, while MCX Silver was trading Rs 48 higher at Rs 38,500 a kilo around 12 pm.