Latest News
-
Bajaj Group Stock Declares Rs. 60/Share Dividend: Buy Ahead of Record Date On 28 June? -
Rs 45/Share Dividend: Record Date In Due Course; Buy The IT Stock For Dividend Eligiblity? -
175% Dividend: TATA Group Stock Declares Q4 Results; Buy The Rekha Jhunjhunwala Portfolio Stock? -
2:15 Bonus: Tata Group's Penny Stock Below Rs 90, Gives 2,821% Returns In 5 Years: Announces Q4 Report Card -
Rs. 240/Share Dividend: May 7 Fixed As Record Date; Buy The IT Stock To Be Eligible? -
1:5 & 1:2 Split, Rs 6/Sh Dividend: Fertilizer Stock Coming Up With 600% Payout; Record, Payment Dates Fixed -
Cube Highways Trust Set to Acquire Seven Highway Assets Worth Rs 5,172 Crore -
1:10 Split, Rs 51 Dividend: Accumulate Tata Stock, TP Rs 170; Big Update On £1.25 Bn Investment -
Tech Mahindra Sets Three-Year Plan for Robust Growth and Market Leadership by FY27 -
Tech Mahindra Q4 Net Profit Falls 41%, Announces Growth Strategy
Gold hits a 7 month low on Fed Minutes report
India gold futures mirrored weak overseas trend and fell, but losses were limited due to to a sharp decline in the rupee.
The rupee plays an important role in determining the landed cost of the yellow metal, which is quoted in dollars.
International gold prices registered a fall, with spot gold down at $1,560.83 an ounce.
Gold on MCX for April delivery fell by Rs 113 at Rs 29,466 per 10 grams at 3.15 pm IST.
Domestic gold prices also registered a sharp fall mirroring futures trade.
As on February 21, gold prices for 99.9% in major cities were prevailing around Rs 29,615 in Mumbai, Rs 30,545 in Ahmadabad, Chennai spot gold was seen at Rs 29,580 per 10 grams and Delhi spot gold was seen highest at Rs 29,700 per 10 grams.
The fall in prices is due to worries that the Federal Reserve may stop considering bond buying program.
GoodReturns.in
