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Comex Gold futures were trading at $2,025.30 per troy ounce, up $3.10 or 0.15% while Silver futures were trading at $22.320, higher by $0.024 or 0.110%.
"Nifty concluded the week at 21,571.80, marking a decline of 323 points from 21,894 levels, on a weekly basis. Pharma, realty, and metal sectors faced selling pressure. Despite persstent attempts to breach crucial resistance, each of them resulted in a sell-off,” Om Mehra, Technical Analyst, at SAMCO Securities said.
Comex Gold futures were trading at $2,024.20 per troy ounce on Friday, up $2.60 or 0.13% while Silver futures were trading at $22.845, higher $0.038 or 0.170%.
Gold has extended decline to 2.62% or Rs 1,659 per 10 grams in 2024. Meanwhile, Silver futures have trimmed this years losses to 3.95% or Rs 2,940 from 4.13% or Rs 3,076 per kg in the last five sessions.
The dollar index (DXY) was trading slightly higher at 103.43 against a basket of six top currencies, up by 0.07 points or 0.07%. It has appreciated 1.05% over the past five trading sessions.