Yellow metal rises, silver remains flat

Gold price today: Yellow metal rose while silver remained flat on Tuesday

Gold prices were seen on the Multi Commodity Exchange (MCX) on Tuesday, gold August futures were trading at Rs 47,074 per 10 grams against the previous close of Rs 47,171 per 10 grams.

Prices of the yellow metal in India moved up mainly on positive global momentum, where a depreciating dollar boosted demand.

However, the July futures price of silver was trading flat at Rs 67,722 per kg. Last week, gold on MCX was down 4.3 per cent and Comex by over 5.5 per cent.

International spot gold rose 0.1 per cent to USD 1,784.83 an ounce and US gold futures rose 0.1 per cent to USD 1,783.90 an ounce.

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