Gold rate were little changed in futures trade on Friday amid tepid demand by jewellers at the spot market.
Silver MCX Trading Call – Above 37699 Level, Target 38400—39100 – Neal Bhai Reports
Besides, the improved risk appetite of investors for equities after the British parliament voted in favour of extending the Brexit deadline also weighed on the demand of safe-haven asset.
Gold MCX Trading Call – Above 31700 Target 32100—32320 – Neal Bhai Reports
Easing US dollar, however, offered some support to gold prices as a weak dollar means gold will appreciate as the commodity becomes cheaper in other currencies, giving rise to its demand.
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