Gold trades flat at Rs 79,150 per 10 gm; silver declines Rs 300
capital on Friday, according to the All India Sarafa Association. However, silver declined Rs 300 to Rs 93,500 per kg. The white metal closed higher at Rs 93,800 per kg on Thursday.
Price of gold of 99.5 per cent purity also remained flat at Rs 78,750 per 10 grams on Friday.
In futures trade on the Multi Commodity Exchange (MCX), gold contracts for February delivery rose Rs 181, or 0.24 per cent, to trade at Rs 76,657 per 10 grams.
«Gold traded with minor gains on the MCX, as markets await key non-farm payroll and unemployment data later this evening.
»These metrics are crucial for shaping the Fed's policy outlook. While gold maintains a positive trajectory," Jateen Trivedi, VP Research Analyst — Commodity and Currency at LKP Securities, said.
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