Commodity Tips - Gold Futures Fall 0.15%

Locked
Jhon Kumar
Posts: 196
Joined: Tue Jan 08, 2013 2:10 am
Location: Indore, MP, INDIA
Contact:

Commodity Tips - Gold Futures Fall 0.15%

Post by Jhon Kumar » Wed Jul 02, 2014 4:04 am

Gold prices eased by 0.15 per cent to Rs 27,803 per 10 grams in futures trade today as participants offloaded positions on weak cues from global markets. At the Multi Commodity Exchange, gold for delivery in October declined by Rs 42, or 0.15 per cent, to Rs 27,803 per 10 grams in a business turnover of 1,832 lots. August gold shed Rs 22, or 0.08 per cent, to Rs 27,724 per 10 grams in 1,832 lots.

Market analysts said a weak trend in the overseas markets on signs that the recent rally in precious metal has hurt demand put pressure on gold prices at futures trade here. Globally, gold fell 0.07 per cent to $1,325.20 an ounce in early trade in Singapore today.

Locked

Who is online

Users browsing this forum: No registered users and 1 guest