"yellow-metal"

In the international market, both gold and silver were trading flat at USD 1,738 per ounce and USD 25.53 per ounce, respectively.

After witnessing a net outflow of Rs 141 crore in November 2020, the Gold ETF category is once again back under investors' radar.

The precious yellow metal had closed at Rs 49,124 per 10 gm in the previous session.

The February contract of gold on the MCX is currently trading at Rs 50,318 per 10 gram, higher by Rs 245 or 0.49 per cent from its previous close.

The yellow metal had closed at Rs 50,610 per 10 gram in the previous trade.

. The rise in imports can be attributed to the anticipated demand for the yellow metal along with gold jewellery during the occasions of Dhanteras and Diwali

The surging Covid infections also adds a cherry on the cake for global investors to increase their allocations towards the yellow metal

Silver prices also jumped Rs 694 to Rs 65,699 per kilogram from Rs 65,005 per kilogram in the previous trade.