Gold futures down despite firm overseas trend

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts
    Gold futures down despite firm overseas trend
    Gold futures reversed morning gains and was seen trading lower on the Multi Commodity Exchange despite firm overseas trend.
     

    The gold for December delivery contract was seen trading at Rs 31,669 per 10 grams, lower by 0.16% on MCX at 2.05 pm IST.

    While, the gold for February 2013 delivery was trading at Rs 32, 079 per 10 grams, lower by Rs 30.

    International gold was seen firm trading at $1,727 an ounce. Gold edged up as euro recovered against dollar. However, gold may rise on worries over "fiscal cliff".

    On Tuesday, gold fell in special Muhurat trading as traders preferred to book profits at prevailing levels.

    Silver futures for December delivery on MCX was trading higher by Rs 237 at Rs 61,041 per kgs.

    GoodReturns.in

    Read more about: gold silver futures
    Story first published: Wednesday, November 14, 2012, 14:16 [IST]
    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