Though there is some weakness in international market but we may see an upside of around Rs 31,000 in gold in MCX due to supply squeeze.
Despite the pressure on jewellery purchases because of high gold prices and the global economic downturn, demand for gold remained robust in Q2 09, the World Gold Council (WGC) said here.
India gold prices traded higher on Monday as strong oil prices spurred inflation concerns even as local demand remained slack in a lean period, dealers said.
Day in Pics: 26th November
Showbiz World - November 26, 2014