Gold futures down on global cues
Quotes

Gold futures down on global cues

Last Updated: Monday, December 17, 2012, 12:48
 
 Comment 0
 
Gold futures down on global cues
New Delhi: Gold futures prices on Monday fell by 0.16 percent to to Rs 31,157 per 10 grams as speculators reduced their positions, taking weak cues from overseas.

At the Multi Commodity Exchange, gold for delivery in February down Rs 51, or 0.16 percent, to Rs 31,157 per 10 gram in a business turnover of 1,327 lots.

Similarly, the metal for delivery in April fell by Rs 48, or 0.15 percent, to Rs 31,568 per 10 grams in 46 lots.

Market analysts attributed the fall in gold futures prices to a weak trend overseas where it dropped for the third straight day as the dollar's strength damped demand for alternative investments.

Meanwhile, gold fell 0.4 percent to USD 1,689.15 an ounce in Singapore in early trade today.

PTI



First Published: Monday, December 17, 2012, 12:34


Comments


comments powered by Disqus
2015 DFW Auto Show
2015 DFW Auto Show
Samsung Galaxy S6, Galaxy S6 Edge
Samsung Galaxy S6, Galaxy S6 Edge
Hyundai i20 Active
Hyundai i20 Active
Forbes` 10 Richest Indians 2015
Forbes` 10 Richest Indians 2015
IMF chief in India
IMF chief in India

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved