New Delhi, Nov 22
Gold and silver prices remained volatile this week amid signs of some ease in global trade order, fading expectations of a December rate cut by the US Federal Reserve and a stronger dollar index.
"Silver witnessed a sharp yet healthy correction this week across both COMEX and MCX, but the broader uptrend remains firmly intact," Ponmudi added.
"Gold traded highly volatile as Comex gold fell 1 per cent to $4,035, down by $41, while MCX gold rose Rs 300 due to a sharp rupee depreciation of nearly 1 per cent from 88.70 to 89.60," said Jateen Trivedi of LKP Securities.
Gold is expected to remain volatile within a range of Rs 1,20,000-Rs 1,24,000, he added.