Speculators raised bullish bets on the U.S. dollar to the largest position since March 2017, according to calculations by Reuters and Commodity Futures Trading Commission data released.
Gold prices fell by 0.45 per cent to Rs 30,007 per ten gram in futures trade today as participants trimmed their positions, tracking a weak trend overseas.
Gold prices recovered by Rs 25 to Rs 30,825 per 10 grams at the bullion market today on scattered buying by local jewellers even as the precious metal weakened overseas.
Silver prices declined by Rs 48 to Rs 38,390 per kg in futures trade today as participants trimmed their positions amid weak global cues.
Gold prices fell by Rs 29 to Rs 29,700 per 10 grams in futures trade today as participants cut down bets amid a weak global trend.
Silver prices fell by Rs 72 to Rs 38,970 per kg in futures trade today as speculators trimmed exposure amid a weak trend in global markets.
Silver prices were higher by Rs 76 to Rs 39,122 per kg in futures trading today as participants widened their bets amid a firming trend in precious metals overseas.
Inflation based on wholesale prices shot up to 5.77 per cent in June on increasing prices of vegetables and fuel items
Gold prices rose by Rs 59 to Rs 30,164 per 10 gram in futures trade today as speculators raised bets amid a firm global trend.
Rupee fell 6 paise to 68.59 against the US dollar in early trade today on fresh buying of the American currency by importers.