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The Economic Times
The Economic Times
National
Debjit Sinha

Gold price prediction: Gold rate witnesses volatile October, check prices to target for bullion precious metal

Gold has begun the October in a volatile mode. Gold price jumped up today after hitting a two-month low in the previous session. Spot gold rose 0.3 per cent to $4,122.99 per ounce, having touched its lowest level since August 5 on Wednesday as a firmer dollar and higher US Treasury yields weighed. US gold futures for December delivery added 0.18 per cent to $4,147.90.

Spot silver fell 2.2 per cent to $58.8476, platinum strengthened 1.6 per cent to $1,656.88 and palladium climbed 0.8 per cent to $1,133.65.

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