Spot gold was down 0.3 per cent at $1,262.24
ECB has provided extraordinary stimulus recently by cutting interest rates into negative territory and pushing the cost of credit to all time lows
Spot gold gained 0.6 per cent to $1,270.11 and US gold futures rose $9 to $1,271.80 an ounce
US gold futures was broadly unchanged at $1,262.8 an ounce
Gold has shed 8 per cent from a two-year high in July amid expectations for a US interest rate hike by year-end
Rising real interest rates and better returns from other financial markets are also hurting purchases
Gold is likely to recover to above $1,300 an ounce next year as a pickup in physical demand counters more potential US rate increases
India's gold demand has also been hit by higher returns from other asset classes
Bullion traders in the region are exposed to intra day price volatility and overnight foreign exchange risks with benchmark prices currently being set out of London
US gold futures were flat at $1,255.60 an ounce
Silver, too, followed suit and lost Rs 150 at Rs 42,200 per kg
Gold prices in India were about 29,700 rupees per 10 grams on Friday, after falling to 29,300 rupees on October 7
Spot gold was down 0.1 per cent at $1,256.50 an ounce and US gold futures were steady at $1,257.90 an ounce
MMTC to focus on increasing the distribution, tying up with more banks and the post office, among others
Pace of outflow, however, slowed down in 2015-16 as against the preceding two years on account of sluggish equity market
Spot gold was up 0.3% at $1,257.95 an ounce, while US gold futures advanced 0.5% to $1,259.80
US gold futures gained 0.3 per cent to $1,259 an ounce
Spot gold dropped 0.1 per cent to $1,258.01 an ounce
Bullion sees demand revival after almost two quarters, with initial signs reflected in sales reported by Amazon and Flipkart
Analysts attributed the recovery in gold prices to increased buying by ornament makers and retailers