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Last week very week and bed for crude oil and base metals. But for trading investment gold demands high. For the high demand price of gold are increased. On festive season gold and silver demand are high on high.
Last week gold prices are jumped. On MCX gold jump with 1.80%. On Monday gold prices are Rs 26970 per 10 grams but on Saturday gold prices are Rs 27256 per 10 grams.
Silver was weak in future market on last weekend. On MCX silver are on Rs 38399 per kg for December future.
Next week could see a surge in the price of gold is gold. MCX gold December futures may remain between 26700-28000 per 10 grams. While silver traded in the range of 37000-41500 per kg may be seen.
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