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Gold price heads for biggest quarterly rise in nearly 30 years

Gold price heads for biggest quarterly rise in nearly 30 years

Gold has climbed 16 percent in the first three months of this year, its biggest quarterly rise since 1986, as concerns over global growth battered equities and sparked a wave of safe-haven buying.

Gold, silver fall on less offtake, global cues

Both the precious metals, gold and silver, fell in the national capital Thursday on reduced offtake by stockists and jewellers amid a weak global trend.

Gold futures rebound on firm global cues

At the Multi Commodity Exchange, gold for delivery in far-month October was up by Rs 55, or 0.21 percent, to Rs 25,864 per 10 gm in business turnover of 36 lots.

Gold price dips below Rs 25,000-level; plunges up to Rs 434

Gold prices in futures trade last traded down by Rs 372 to Rs 24,999 per 10 gm after moving in range of Rs 24,941-25,339.