Spot gold slips to Rs 31,533 per 10 gm

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts
    Spot gold slips to Rs 31,533 per 10 gm
    Gold futures continued to decline further after climbing in previous sessions as a spike in the precious metal tempted traders to book profits.
     

    Ahmedabad spot gold on the Multi Commodity Exchange was seen trading lower at Rs 31,533 per 10 grams.

    MCX gold futures for December 2012 contract, was trading at Rs 31,513 per 10 gram, lower by 0.21%. The metal opened at Rs 31,500, against a previous close of Rs 31,579.

    MCX silver futures slipped by Rs161 per kg, and was trading at Rs 62,891 per kg. Spot silver on MCX was trading at Rs 62,494 per kg.

    International gold inched up to $1,730 an ounce.  While, gold is set for its biggest weekly fall as many investors remain sidelines as there is uncertainty over an impending fiscal cliff issue.

    Delhi spot gold of 99.9% purity was seen lower at Rs 32,100 per 10 grams and gold of 99.5% was seen at Rs 31,900 per 10 grams.

    GoodReturns.in

    Read more about: gold silver mcx
    Story first published: Friday, November 30, 2012, 14:38 [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