3:58 pm - Thursday March 28, 2024

Gold prices down by 0.31% to Rs 28,739 per 10 gram

576 Viewed Jacob Martin Comments Off on Gold prices down by 0.31% to Rs 28,739 per 10 gram
Gold prices recovered by Rs 105 to Rs 31,320 per ten grams
Gold prices recovered by Rs 105 to Rs 31,320 per ten grams

New Delhi – Gold prices moved down by 0.31 per cent to Rs 28,739 per 10 gram in futures trade today as speculators trimmed their exposures, tracking a weak trend overseas.

At the Multi Commodity Exchange, gold for delivery in February next year eased by Rs 90, or 0.31 per cent, to Rs 28,739 per 10 gram in business turnover of 201 lots.

Likewise, the metal for delivery in far-month April 2014 shed Rs 84, or 0.29 per cent, to Rs 28,410 per 10 gm in three lots.

Market analysts said a weak trend in the overseas markets after signs of a strengthening US economy fuelled speculation that the Federal Reserve is ready to slow the pace of its monetary stimulus mainly weighed on the gold prices at futures trade here.

Globally, gold fell 2.5 per cent to $1,218.80 an ounce in New York in previous session.

Don't miss the stories followIndiaVision India News & Information and let's be smart!
Loading...
0/5 - 0
You need login to vote.
Gold tumbled by Rs 510 to Rs 31,015 per ten grams, , weak global cues

Gold tumbled by Rs 510 to Rs 31,015 per ten grams, weak global cues

Gold prices rebounded by Rs. 210 to Rs. 30,180 per 10 grams

Gold price hits fresh 5-month low on tapering fears

Related posts