Gold Price Today: Yellow metal likely to remain volatile. Is it time to book profits?

Gold prices in India have risen marginally due to fears about a US default due to the debt ceiling crisis. June Gold futures rose 0.24% to trade at INR 60,387 ($824.32) per 10 grams, while July Silver futures rose 0.11% to trade at INR 72,668 per kg. On the Comex, gold futures rose 0.11% to trade at $1,995.10 per troy ounce, while silver futures rose 0.18% to trade at $23.935 per troy ounce. However, better than expected US economic data could cause gains from the debt-ceiling crisis to neutralise.