Gold Holds Above $1760 Mark

Published on Oct 12, 2021 15:48

COMEX Gold futures consolidated around $1760 per ounce mark, witnessing steady buying support as traders eyed at uptick in Indian demand during the festive season. Stressed equities also boosted the metal though soaring Bitcoin capped major gains. The COMEX Gold futures are currently trading at $1761 per ounce, up 0.31% on the day. Bitcoin surged more than 1% to hit above $57000 mark. Gold imports trend from India are reflecting a good strength in underlying market scenario in the country.