New Delhi: Gold prices have gained momentum on the domestic futures market MCX after a two-day fall. December gold futures at MCX has risen 27% to 51,047 per 10 grams in early trading today, while silver futures has risen by 0.6% to Rs 63,505 per kilogram. Gold in the last session climbed 0.45% while silver had jumped 1.6%. Now, the experts say that if the relief package comes in the US, the dollar index may decline in the coming session, which can support gold and silver.

He also says, "There is a support of Rs 50,550 in gold on MCX on a closing basis and if the price hinges above Rs 50,800, it can touch the upper level of Rs 51050-51100. Silver also has a support of Rs 62,000. The price of 63,200 rupees in silver can touch the upper level of Rs 64000-64500. There are reports that gold can be costlier in India today as well. Gold in the international spot market grows today 0.3% to 1,912.11 dollars per ounce, where silver reaches 0. 7% to 24.82 dollars per ounce and platinum reaches 0. 3% to 873.89 dollars.

That is why it is being said that gold prices can rise in the domestic market also. As HDFC Securities assumes, 99 in Delhi bullion market. The price of 10 grams of gold with 9% fell to Rs 268 on Tuesday. The prices were Rs 50,860 per ten grams on Tuesday and a day earlier, on Monday, the price of 10 grams of gold closed at Rs 51,128. Talking about silver prices, it also declined.

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