Gold rises Rs 378; silver declines Rs 147

“Gold continues to trade positive hovering around its six-week high amidst a fall in dollar index. Investors await minutes from the Federal Reserve’s December policy meeting that could offer hints on the US central bank’s tightening path,” Navneet Damani, Senior VP – Commodity Research at Motilal Oswal Financial Services said.

Bond yields little changed as traders await fresh triggers

The benchmark Brent crude contract was down 1.9% on the day, after dropping 4.4% on Tuesday, pressured by weak demand data from China and a gloomy economic outlook. U.S. 10-year Treasury yields fell on Tuesday, after rising for the last two weeks. It was at 3.70%, down 13 basis points this week.