Gold was trading higher on December 4, tracking a positive trend in international spot prices on a weak dollar and stimulus hopes.
On the Multi-Commodity Exchange (MCX), February gold contracts were trading higher by 0.17 percent at Rs 49,385 per 10 gram at 0920 hours. March silver was trading 0.3 percent higher at Rs 63,844 per kilogram.
A bipartisan, $908-billion coronavirus aid plan gained momentum in the US Congress on December 3 as conservative lawmakers expressed their support and Senate and House of Representatives leaders huddled, a Reuters report said.
Goldplat plc (LON:GDP) is an AIM-listed, profitable gold recovery services company with two market leading operations in South Africa and Ghana.