Gold metal trades above Rs 51,000

Gold metal trades above Rs 51,000

On october 21 gold was trading higher in Indian markets, tracking a positive trend seen in international spot prices supported by a softer dollar and expectations of a new Coronavirus relief package ahead of November elections.

On the Multi-Commodity Exchange (MCX), December gold contracts were trading higher by 0.28 percent at Rs 51,051 per 10 gram at 0920 hours. December silver futures were trading 0.60 percent higher at Rs 63,500 per kg.