Gold Prices Today: Yellow metal to trade lower, support around Rs 50,420–50,180.
Gold was trading lower in the Indian market on September 13 morning while it remained firm in the international market after hitting near a two-week high in the previous session, helped by a subdued dollar with investors awaiting US inflation data that could provide cues on the Federal Reserve’s interest rate hike path.
At 10.07 am, gold contracts were trading 0.48 percent lower on the Multi-Commodity Exchange (MCX) at Rs 50,386 for 10 grams and silver was down 0.85 percent at Rs 57,005 a kilogram.
Spot gold rose 0.1 percent to $1,725.70 per troy ounce in the international market. US gold futures were down 0.2 percent at $1,736.80.
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