For Quick Alerts
For Daily Alerts

    Gold surges on global cues, Diwali

    Gold surges on global cues, Diwali
    Gold prices zoomed past the crucial Rs 32,000 per 10 grams level tracking overseas cues amid festive season in the country.

    Gold prices for 99.9% were prevailing around Rs 32,225 in Mumbai, Rs 32,120 in Ahmedabad and Chennai spot gold was seen at Rs 32,200 per 10 grams.

    The gold for December delivery contract was seen trading at Rs 31,865 per 10 grams, higher by 0.67% on MCX at 2.10 pm IST.

    While, gold for February 2013 delivery was trading at Rs 32, 270 per 10 grams, higher by Rs 215.

    Despite high prices, gold sales rose on the Dhanteras, which fell on Sunday as more people bought gold-jewellery due to on-going wedding season. As per PTI report gold sales rose up 30% on Dhanteras.

    Overseas gold prices rose to $1,735 an ounce.

    Reports indicated that the rising trade deficit may force the government to impose fresh duty on gold to reduce imports and help the current account deficit.

    Read more about: gold mcx futures
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more