Gold Price Today: Yellow metal trades higher; buy for a target of Rs 47,850, say experts msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Gold price today: Yellow metal trades higher, Rs 47000 crucial support
Experts are of the view that precious metals may remain choppy but the general bias would be on the upside amid weak dollar. February 16, 2021 / 10:12 AM IST
India Gold MCX April Futures are trading in the green on February 16 following positive trend seen in the international spot prices. Silver March Futures were trading higher by nearly 1 percent.
On the Multi-Commodity Exchange (MCX), April gold contracts were trading higher by 0.37 percent at Rs 47,418 for 10 grams at 0920 hours. March silver futures were trading 0.85 percent higher at Rs 70,728 a kilogram.
Experts are of the view that precious metals may remain choppy but the general bias would be on the upside amid weak dollar. Crucial support for the precious metal is placed at Rs 47000.