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Gold prices heading for worst weekly fall in 30 years

Last Updated: Friday, June 21, 2013 - 14:37

Zee Media Bureau

New Delhi: Surrendering yesterday's gains gold prices dipped by Rs 88 to Rs 26,781 per 10 gm in futures trade as speculators offloaded their exposures.

However, gold prices recovered but are heading towards their worst weekly fall in thirty years.

At the Multi Commodity Exchange, gold for delivery in August was down by Rs 88 to Rs 26,781 per 10 gm.

Meanwhile, gold rose by 0.70 percent to USD 1,293.63 an ounce in Singapore. Earlier, it dropped to USD 1,269.46, the cheapest since September 16, 2010.

With Agency Inputs

First Published: Friday, June 21, 2013 - 11:36
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