Gold futures lower on weak physical demand

Gold for October contract was trading at the level of Rs 29,954 per 10 grams lower Rs 81 today.
Gold futures fell on firm rupee and sluggish physical demand in domestic market as investors sidelined themselves for further fall in price.
Domestically, gold of 99.9 and 99.5% purity recovered by Rs 65 each to Rs 30,125 and Rs 29,925 per 10 grams, respectively. The metal had lost Rs 360 yesterday.
MCX silver futures edged lower by Rs 370 per kg, silver for July delivery was seen trading at Rs 52,051 per kgs.
GoodReturns.in
More From GoodReturns

Gold Rates & Silver Rates Today Live: MCX Gold Ends Lower, Silver Price Underperforms With 2.5% Drop

Mumbai Gold Rate Today Sees Sharp Decline Amid Iran-US War, Crude Oil Rally: Should You Buy? March 16 Rates

Massive Crash in Gold Rate in India! 24K Plunges Nearly Rs 59,000 in Four Sessions; Will Slide Continue Today?

Iran-US War: Not Gold, Silver or Dollar: This Asset Is Stealing the Spotlight Amid Global Crisis

Silver Rates In India Fall Sharply To Hit Rs 2.80 Lakh; How Far Will US-Israel-Iran War Impact Silver Prices?

Drop in Gold Continues in Delhi: Check Latest 22K, 24K & 18K Gold & Silver Rates Today on 16 March

Gold Rate Gets Cheaper Today In South Indian Metro Cities:Gold Price Drops In Bangalore, Hyderabad & Chennai

Gold Rate in India Slides for Second Week Amid Iran-Israel Rift; Will Gold Price Today Slip Again on 14 March?

Huge Drop in Gold Rate Today; 24K/100gm Falls By Nearly Rs 21,000 in Just 2 Days, Silver Steady in Delhi

Jump in Gold Rate Today Continues For Second Day; Silver Rate Steady on 11 March; Check Latest Prices in Delhi

Gold Rate in India Rally Continues: 24K Up Rs 16,300/100 gm in 2 Days; Silver Gains Amid Iran-US War Jitters



Click it and Unblock the Notifications