Gold futures are up 0.55% or Rs 318 on the month-to-date basis while they have gained 5.72% or Rs 2,901 on the year-to-date basis, Gupta said. As for Silver futures, the declines are 1.12% or Rs 783 in October while the declines this year stand at 0.49% or Rs 339, he said.
On Comex, gold futures were trading at $1,876.90 per troy ounce on Tuesday, up by $11.90 or 0.64% while silver futures were at $21.970, higher by $0.460 or 1.210%.
On Monday, the MCX December gold futures were trading at Rs 57,476 per 10 gram, up by Rs 605, or 1.06%. Meanwhile, December silver futures were trading at Rs 69,001 per kg, higher by Rs 831 or 1.22%.