For Quick Alerts
For Daily Alerts

Gold rallies after Monday's fall

Gold rallies after Monday's fall
Gold prices rallied once again in trade following the sell-off on Monday after major powers agreed with Iran on a nuclear deal.

Gold for December delivery was trading at Rs 30,341, up Rs 169.00 over the previous day's closing on the MCX. Silver for December delivery was trading at Rs 44,975, up Rs 475.

Gold has been steady over the last few months, though, it is headed for its first drop in 12 years. Investors have preferred equities to gold for most part of the year, as major global stocks markets have seen sharp rally.

It's unlikely that gold would see highs anytime soon.

In international markets, Spot gold rose to $1,252. It hit $1,256 in early trade, its highest since Nov. 20. Check gold rates here

Read more about: gold silver spot gold
Story first published: Tuesday, November 26, 2013, 12:30 [IST]
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
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