Holdings in the SPDR Gold Trust, the biggest bullion-backed exchange traded product (ETP) stood unchanged for a second straight day on Monday, signaling subdued investment demand for the bullion.
Gold futures for February 2014 contract, at MCX, is trading at Rs. 29,750 per 10 grams, down by 0.32 per cent, after opening at Rs. 29,701, against the previous closing price of Rs 29,845. It touched an intra-day low of Rs 29,600. (At 11:18 AM).
Dion Global Solutions Ltd.