“Gold price inched higher hovering near their one-month high, trading above the psychological USD 1,680 mark. Dollar index slipped to its one and half month lows, falling below 110 level; while the US 10Y yield was down by 2 per cent in the yesterday’s session supporting the move in gold and silver prices,” Navneet Damani, Senior VP – Commodity Research at Motilal Oswal Financial Services,
