Gold futures cross Rs 63,500 mark as global benchmark nears two-month peak
Jateen Trivedi, VP Research Analyst, LKP Securities maintained that gold prices exhibited positive momentum despite a lower opening, with demand gradually lifting prices from an initial gap down of -160rs to cover the entire loss by mid-session.
The dollar index, which measures the American currency against six peers other than the rupee, was down 0.1 per cent at 103.76 at the last count.