Sumary of Gold price today: Yellow metal trades near Rs 46,750; silver cheaper by Rs 250:
- Gold futures were trading with cuts on Friday but the damage was capped as a weakness in the dollar and Treasury yields offered support along with a surprise jump in US jobless claims..
- US Treasury yields fell on Thursday, pressured by fresh dovish comments from Federal Reserve Chair Jerome Powell..
- In the spot market, gold rose by Rs 182 to Rs 45,975 per 10 gram in the national capital on Thursday following gains in the international precious metal prices..
- Trading strategy “We expect gold prices to trade sideways to up for the day with COMEX gold support at $1,740 and resistance at $1,765 per ounce….