Gold prices are vulnerable after a steep fall last week and trading below $1790/oz in the international market
Traders are advised to create fresh buy positions in gold and silver in small dips, said Amit Khare, AVP, research commodities, Ganganagar Commodities
"Gold has been in a no trade zone as it found it hard to find momentum despite currency weakening," said Manoj Dalmia of Proficient Equities.
According to reports India imported 121 tonnes of gold last month.
Gold price today: Globally the precious metal has some near term bullish technical advantage along with some difficulties, feel experts.
Gold price: US negative job data and weak rupee played a significant role for the sudden hike of bullion price.
Spot gold price rose by over 1% on September 3 to $1,830 per ounce
Gold price today: Record rise in the equity market, rupee-dollar weak conversion, Fed data on employment pulling the market down, feel experts.
Gold price today: Bullish equity markets pull back the bullion price while US job data may add some pinch, feel experts.
Gold price today: The fundamentals of both the metals are steady and hovering above respective target level, feel experts.