On the Multi-Commodity Exchange , August gold contracts were trading higher by 0.13 percent at Rs 48,488 for 10 grams at 0930 hours.
“We expect both the precious metals to remain volatile in Wednesday’s session and gold prices are at a make or break levels.
Gold has support at $1850-1834 per troy ounce and resistance at $1868-1884 per troy ounce.