Silver, however, declined by Rs 147 to Rs 70,675 per kilogram.
“Comex spot gold prices traded higher in early Asian hours on Wednesday,” said an analyst at
Securities. In the overseas market, gold was trading higher at USD 1,859 per ounce while silver was flat at USD 24.24 per ounce. “Gold continues to trade positive hovering around its six-week high amid a fall in dollar index. Investors await minutes from the Federal Reserve’s December policy meeting that could offer hints on the US central bank’s tightening path,” Navneet Damani, Senior VP – Commodity Research at said.