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Gold prices rise slightly even as global cues stay weak and silver slips

Gold prices in India saw a minor rise on Tuesday despite weak global cues and a stronger US dollar. In Mumbai, 24-carat gold was priced at Rs 1,25,500 for 10 grams, while silver slipped with MCX December contracts down 0.38 per cent to Rs 1,55,424 per kg

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Representational Image. File Pic

Representational Image. File Pic

Gold and silver prices, after experiencing a fall on Monday in the domestic futures market, strengthened the US dollar while keeping global cues weak. 

However, as far as the prices of gold in India are concerned, the prices did experience a minor hike as compared to Monday. During the early hours of Tuesday, gold prices in Mumbai were staged at Rs 1,25,550 for 10 grams of 24-carat gold. 

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