Gold prices steady this week, silver soars 4.69% on retail frenzy
Gold holdings in SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, fell by 4.66 tonnes to 1,160.13 tonnes.
Image: PTI
Gold prices edged higher to Rs 49,330 per 10 gram on January 29 as participants widened their positions as seen by the open interest. The precious metal ended with a marginal loss of Rs 34 or 0.07 percent for the week.
The yellow metal rose in two out of four trading sessions on the MCX in a holiday-shortened week, while COMEX gold eased $5.9 or 0.32 percent during the week.
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