Gold Rates Today: Domestic spot gold closed at Rs 49,479 per 10 grams
Gold Price in India: Domestic gold futures witnessed a volatile trading session on Wednesday, as the prices declined amid rupee appreciation capped upside in the price of the precious metal. Multi Commodity Exchange (MCX) gold futures, due for a February 5 delivery, were last seen trading higher by 0.62 per cent - at Rs 49,350, having swung between Rs 49,130 and Rs 49,447 during the session compared to their previous close of Rs 49,045. Silver futures for a March 5 delivery were lower by 0.17 per cent at Rs 65,792. (Also Read: Is Silver The New Gold?)
In the national capital, gold prices fell Rs 108 to Rs 48,877 per 10 gram, according to HDFC Securities. Silver prices rose Rs 144 to Rs 65,351 per kilogram from Rs 65,207 per kilogram in the previous trade.