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The December gold futures were trading at Rs 60134 per 10 gram, up by Rs 23 or 0.04% from the Wednesday closing price. Meanwhile, the December Silver futures were trading at Rs 72,183 per kg, higher by Rs 189 or 0.26%.
On Comex, gold futures were trading at $1,951.30 per troy ounce on Friday, down by $6.50 or 0.33% while silver futures were trading at $22.545, lower by $0.183 or 0.810%.
MCX December gold futures were trading at Rs 59,901 per 10 gram, up by Rs 108 or 0.18% from the Thursday closing price. Meanwhile, the December silver futures were trading at Rs 70,350 per kg, lower by Rs 700 or 0.99%.
MCX prices may move towards Rs 64,000 to Rs 66,000 per 10 gram in 2024 and crucial support lies at Rs 56,000, Nirpendra Yadav, Senior Commodity Research Analyst at Swastika Investmart observed.
On Comex, gold futures were trading at $1,975.30 per troy ounce on Wednesday, up by $1.80 or 0.09% while silver futures were trading at $22.640, up by $0.051 or 0.230%.