The dollar strengthened against the euro
The average business per day is Rs 300-400 crore.
The precious metal was at Rs 12,920 per 10 gram.
In the overseas markets gold rose to 746.00 dollar an ounce.
Gold prices on Tuesday recovered by Rs 10 .
Standard gold and ornaments remained in demand and rose by Rs 80 each.
India imports nearly 500 tonnes of gold every year.
Silver also slipped to $9.98/10.06 an ounce from $10.18 an ounce yesterday.
Gold holdings of ETFs drop 4.4% in October
India is the largest importer and consumer of gold in the world.
