Gold price today: Yellow metal gains strength, Silver March Futures up nearly 2%
Gold may continue to witness mixed trade unless there is clarity on the US dollar trend however we expect price to trade with a positive bias on US stimulus expectations and loose monetary policy stance of central banks, suggest experts.
February 03, 2021 / 10:06 AM IST
India Gold April Futures rose above Rs 48,000 per 10 gm on February 3, tracking a positive trend seen in the international spot prices. The March Silver Futures rose nearly 2 percent.
On the Multi-Commodity Exchange (MCX), April contracts were trading higher by 0.42 percent at Rs 48,024 for 10 grams at 0920 hours. Silver March futures were trading 1.8 percent higher at Rs 68,770 a kilogram.