For Quick Alerts
For Daily Alerts

Gold Prices Fall On Decline In Spot Demand And Global Cues


Gold prices declined in futures trade on Wednesday as demand for the precious yellow-metal declined in the spot market as well as dollar gained in the global markets.

Gold Prices Fall On Decline In Spot Demand And Global Cues

Any gain in strength in the dollar makes the appeal for gold lackluster as gold becomes expensive in other currencies, thereby leading to a fall in demand for the yellow metal.

Gold of 0.995 purity in Ahmedabad for 10 gms is priced at Rs. 31,952 while its futures market price with expiry on April 5, 2019, the price stands at Rs. 31813 for 10 gms.

MCX Silver was also trading lower at around 12:10 pm and was selling for Rs 38,090 a kilo.

Read more about: gold demand silver
Story first published: Wednesday, March 20, 2019, 13:08 [IST]
Company Search
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