Gold futures were trading higher during the evening trade in the domestic market on Tuesday as investors and speculators widened their positions in the precious metal amid an uptick in demand at the domestic spot market on increased buying by jewellers.

Further, increased buying by jewellers at the domestic spot market to meet retailers' demand led to rise in gold prices. At the MCX, gold futures for October 2016 contract is trading at Rs 30,630 per 10 grams, up by 0.17 %, after opening at Rs 30,645, against a previous close of Rs 30,579. It touched the intra-day high of Rs 30,714.

Technically market is under fresh selling as market has witnessed gain in open interest by 2.49% to settled at 9268 while prices down -120 rupee, now Gold is getting support at 30786 and below same could see a test of 30712 level, And resistance is now likely to be seen at 30979, a move above could see prices testing 31098. For More Information RipplesAdvisory,Ripples_Advisory,Ripples Market Tips Ripplesadvisory.com and you can call us on :-9827808090.