MCX Gold futures were trading 0.61 per cent higher at Rs 30510 per 10 gram at around 10.50 am (IST), while MCX Silver futures were up 2.66 per cent up at Rs 38,600 per 1 kg at around teh same time.
Gold and silver were trading higher in morning trade on Monday following robust demand for precious metals from jewellers, industries and retailers.
Gold prices are expected to trade sideways from ₹ 30530 to ₹ 30930. One can buy at ₹ 30644 with a stop loss below ₹ 30469. Silver prices are expected to trade positive. One can buy at ₹ 38250-150 with a stop loss below ₹ 37549 for the target at ₹38800—39200.”
Gold and silver were trading higher in morning trade on Monday following robust demand for precious metals from jewellers, industries and retailers.
