Gold futures reverse morning gains

Subscribe to GoodReturns
For Quick Alerts
Subscribe Now  
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts
    Gold futures reverse morning gains
    Gold futures reversed morning gains and was seen trading lower on the Multi Commodity Exchange.
     

    International gold recovered after falling 1% on Monday as dollar softened in today's trade. Spot gold was seen trading at $1,436 an ounce.

    Domestically, gold futures for latest delivery was seen trading at Rs 26,796 per 10 grams lower by Rs 58 on the MCX at 2.40 pm IST.

    Silver futures for July delivery was seen trading at Rs 44,880 per kg lower by Rs 238 or 0.53%.

    Yesterday, gold lost its sheen on the auspicious Akshaya Tritiya day by falling nearly Rs 400. However, retail purchase got a boost with jewellers saying sales recording at least 15 percent growth, reports PTI.

    GoodReturns.in

    Read more about: gold futures
    Story first published: Tuesday, May 14, 2013, 14:46 [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