Gold on MCX for December delivery was seen trading at Rs 31,749 per 10 grams higher by 0.07%.

Gold saw some buying activity as investors expect the recent stimulus plans by central banks will boost the bullion sentiment. As per leading newspaper agency gold is expected to reach $1,900 in the next half of the fourth quarter. Overseas gold was seen trading at $ 1,767 an ounce.

On Monday, gold lost half a percent as dollar strengthened, after sluggish German data, which weakened the euro.
Silver for December delivery on MCX was seen trading at Rs 62,673 per kg, higher by 0.43%. Spot silver was seen at Rs 60,948 per kg.

Delhi spot gold of 99.9% and 99.5% purity was at Rs 32,110 and Rs 31,910 per 10 grams, respectively.

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