Gold rises Rs 100 to Rs 82,100 per 10 gm; silver quotes flat
capital on Tuesday, according to the All India Sarafa Association. The precious metal had closed at Rs 82,000 per 10 grams on Monday.
Gold of 99.5 per cent purity increased by Rs 100 to Rs 81,700 per 10 grams. It had settled at Rs 81,600 per 10 grams in the previous trading session.
However, silver prices traded flat at Rs 93,000 per kg on Tuesday.
Meanwhile, in futures trade on the MCX, gold contracts for February delivery appreciated Rs 426 or 0.54 per cent to trade at Rs 78,970 per 10 grams on Tuesday.
«Gold traded with gain on MCX, reaching Rs 79,000. The rise was driven by heightened trade uncertainty following Trump's announcement of raising tariffs on imports from Mexico and Canada,» Jateen Trivedi, VP Research Analyst — Commodity and Currency at LKP Securities, said.
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