Gold remains vulnerable to a rise in US Treasury yields and a rebound in the US dollar, Credit Suisse said in a note.
Gold prices in India struggled in a range during the week though on a weekly basis the precious metal posted slight gains. On MCX, gold futures settled flat at ₹45,008 per 10 gram on Friday. On a weekly basis, gold was up ₹250 per 10 gram. Silver futures on MCX settled at ₹67,453 per kg. Physical gold demand in India was however subdued this week, news agency Reuters reported, citing gold dealers.
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