On the Multi-Commodity Exchange , August gold contracts were trading lower by 0.40 percent at Rs 46,886 for 10 grams at 0930 hours.
Gold has support at $1,772-1,758 per troy ounce and resistance at $1,794-1,804 per troy ounce while silver is having support at $25.80-25.55 per troy ounce and resistance at $26.40-26.70 per troy ounce,” Manoj Kumar Jain, Director, Head-Commodity & Currency Research, Prithvifinmart Commodity Research, said.
Gold weakened again as the dollar stabilised amid hawkish comments by some Fed officials and upbeat economic data.