Gold And Silver Trades Flat

New Delhi: Gold remained flat at its all-time high price of Rs 86,070 per 10 grams in the national capital on Friday, according to the All India Sarafa Association. On Thursday, the precious metal of 99.9 per cent purity continued its record-setting trend for the sixth straight session, climbing Rs 270 to hit a new lifetime high of Rs 86,070 per 10 grams. Gold of 99.5 per cent purity traded flat at Rs 85,670 per 10 grams on Friday.

Meanwhile, silver prices also ruled flat at Rs 96,500 per kg for the second straight session. The precious metal, however, rose in futures trade on the Multi Commodity Exchange (MCX). “Gold traded positive. Market participants remain focused on the upcoming US non-farm payroll and unemployment data, which will provide key insights into the economic outlook and the Federal Reserve’s future policy stance, Jateen Trivedi, VP Research Analyst -- Commodity and Currency at LKP Securities, said.