"gold"

In the international market, gold was trading lower at USD 1,893 per ounce and silver was flat at USD 27.79 per ounce.

The Indian rupee opened on a flat note and edged higher by 4 paise to 72.73 against the US dollar in early trade on Thursday.

In the international market, gold was trading with gains at USD 1,908 per ounce and silver was flat at USD 28.07 per ounce.

GJEPC chairman Colin Shah said operational challenges brought on by the fact that all exporters maintain common inventory for both export and domestic streams.

It seems like many investors were finally compelled to acknowledge the drawbacks of physical gold and give up their inefficient preference for holding it, said Himanshu Srivastava, associate director, Morningstar India.

In the international market, both gold and silver were trading marginally lower at USD 1,867 per ounce and USD 27.88 per ounce, respectively.

In the international market, gold was trading in the green at USD 1,869 per ounce, while silver was trading flat at USD 28.48 per ounce.

The surge in gold imports pushed India's trade deficit to $15.1 billion in April 2021 as against $6.76 billion a year ago.

Usually, 30-40 tonne gold is sold on the auspicious occasion of Akshaya Tritiya. However, this time sales are not likely to reach even 1 tonne.

In the previous trade, the precious metal had closed at Rs 47,273 per 10 gram.