Gold metal trades firm ; could face support near Rs 50,700-mark

Gold  metal trades firm ; could face support  near Rs 50,700-mark


On October 30 the Indian gold December futures seen firm trending in the international spot prices. As per the expert view, the yellow metal is likely to hold om the crucial support near 50,000 while support is placed at Rs 50,700 per 10 gm.

On the Multi-Commodity Exchange (MCX), December gold contracts were trading higher by 0.26 percent at Rs 50,415 per 10 gram at 0920 hours. December silver futures were trading 0.57 percent higher at Rs 60,516 per kg.