Gold futures gained by ₹111 to open at ₹47,549 per 10 grams against previous close of ₹47,438 for MCX December contract. Gold and silver futures reversed the losing trend as it maintained positive territory at the opening on Thursday after ending firm on Wednesday. After witnessing a fall of 4 per cent since November 12 from ₹49,314 to hit the lows of ₹47434, gold Futures turned positive. But the Federal Reserve's policy indicating an accelerated stimulus tapering weighed on the metal to keep it below $1800. Spot gold on a sustained slideSpot gold continued a slide.

Source: The Hindu November 25, 2021 11:50 UTC