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TH:Gold trades firm on rupee depreciation
 
Gold futures on the Multi Commodity Exchange opened higher at Rs 30,769 per 10 grams on Tuesday against the previous close of Rs 30,740. The February contract made a high of Rs 30,855 and a low of Rs 30,737. It was up 0.45 per cent at Rs 30,878 at 1.50 pm.

In Comex, the yellow metal was up by $8 at $1,678 at 1.50 pm.

The depreciation of the rupee against dollar in the futures market has also supported firm gold prices in India.
Source