Gold rate today: Yellow metal rises; resistance placed at Rs 49,650 per 10 grams

Gold prices in India traded higher on the Multi Commodity Exchange (MCX) Wednesday following gains in international spot prices amid an easing US dollar index. At 11:25 am, gold futures for February delivery rose 0.18 percent to Rs 49,530 per 10 grams as against the previous close of Rs 49,443 and the opening price of Rs 49,510 on the MCX. Silver futures traded 0.42 percent higher at Rs 65,126 per kg. The prices opened at Rs 65,000 as compared to the previous close of Rs 64,853 per kg.