Gold Rate in India: Yellow metal futures on track to finish week mildly higher; check out city-wise spot price list

Gold Rate in India: MCX gold and silver futures inched higher on Friday, though the near-month contracts of the precious metals were set to finish the week on a mixed note. At around 7 pm, MCX gold futures (August 5) were up by Rs 20 for the day at Rs 71,592 while silver futures (July 5) were up by Rs 765 at Rs 87,813. In intraday so far, gold and silver futures trading within the bands of Rs 71,402-71,850 and Rs 87,081-88,474, respectively. The rates reflected intraday moves in global benchmarks, although mild appreciation in the rupee, which reduced the cost of importing gold into the country, kept the upside in the yellow metal in check.

Here are a few important things to know: 

• International spot gold was trading stronger by $1.2, or 0.1 per cent, for the day at $2,328.9 per ounce at the last count, while spot silver was up by $0.32 or 1.1 per cent at $29.3 per ounce. 
• The rupee gained by seven paise or 0.1 per cent against the US dollar to end at a provisional 83.38 on Friday.
• Here are the spot rates in some of the main cities of the country: 

(This story will be updated shortly)