Bullion traded with a positive bias in Friday's early trade aided by the weakness in the US Dollar Index (DXY) which is on a slippery turf. The DXY has slipped below the 100 mark against a basket of 6 major currencies. Meanwhile, September Silver futures were at Rs 75,585, rising Rs 259 or 0.34%. Gold and silver futures ended in the green in the previous session. "Spot gold closed with a gain of 0.16% at $1,960.19 on Thursday as investors continue to trade on falling inflation and the Federal Reserve rate hike pause themes.

Source: Economic Times July 15, 2023 01:37 UTC