INSUBCONTINENT EXCLUSIVE:
Gold Rate Today: Spot gold settled at Rs 52,473 per 10 grams on FridayGold Price In India: Domestic gold futures finished a volatile session
on Friday nearly unchanged but managed to hold the Rs 52,000 mark, tracking benchmark rates amid sluggish movement in benchmark rates as
within a range of Rs 51,711-52,450 during the session before settling at Rs 52,020, down 0.07 per cent for the day
$1,942.50 per ounce, as the dollar weakened and increasing chances of a Joe Biden victory in the US presidential election boosted hopes for
a larger coronavirus relief bill
six peers - reversed initial gains to depreciate 0.19 per cent
supported by central bank stimulus measures including the Bank of England's bond purchases and the Federal Reserve's commitment to support
Possibility of a contested US election has also increased gold's safe-haven appeal
Exchange traded fund flows, however, show lack of investor buying," said Ravindra Rao, VP-head commodity research, Kotak Securities."Gold
along with other asset classes may remain choppy as the US election results are assessed however general bias may be on the upside amid
expectations of additional stimulus measures."
