Precious Metal::: U.S. gold futures were trading at $1,286.70 per ounce. Gold is likely to open with softer tone as the US-China trade talks is still going on, this support the Fed to take pause on interest rate hikes.
However, muted demand among local jewellers, led the yellow metal not to shine further with their prices. In MCX Gold prices, closed with 80 points at Rs.31,728.00 per 10 grams.
Meanwhile, market is also waiting for today's weekly crude oil inventory data.