Gold Futures Decline on Low Demand & Weak Global Cues

By By Rediff Money Desk, New Delhi
Nov 07, 2024 13:42
Gold futures fell on Thursday due to weak global cues and low demand. Prices on the Multi Commodity Exchange decreased by Rs 23 to Rs 76,632 per 10 grams.
New Delhi, Nov 7 (PTI) Gold prices on Thursday declined Rs 23 to Rs 76,632 per 10 grams in futures trade amid weak global cues.

On the Multi Commodity Exchange, gold contracts for December delivery traded lower by Rs 23 or 0.03 per cent at Rs 76,632 per 10 grams in a business turnover of 10,871 lots.

Analysts attributed the fall in gold prices to weak global cues.

Globally, gold futures decreased by 0.10 per cent to USD 2,673.50 per ounce in New York.
Source: PTI
Read More On:
commodity marketmulti commodity exchangegold pricesgold futuresgold trading
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

ACME Solar IPO Subscribed 70% on Day 2

ACME Solar Holdings IPO received 70% subscription on day 2, with retail investors...

IHCL Q2 Profit Soars Over 3-Fold to Rs 582.71 Cr

Indian Hotels Company (IHCL) reported a significant jump in its Q2 net profit to Rs...

Niva Bupa IPO Subscribed 65% on Day 1

Niva Bupa Health Insurance IPO received 65% subscription on day 1, with QIBs...

Brazil: Major Source for India's Urad & Tur...

India sees potential in Brazil as a major source for urad and tur imports, with trade...

Ramada Encore Hotel Opens in Gurugram, Leased...

Elan Group leases 1.2 lakh sq ft to AS Hotels & Residences for 'Ramada Encore Hotel by...

Oberoi Hotels & Resorts Debuts in London's Mayfair

Oberoi Hotels & Resorts is set to open its first UK hotel in London's prestigious...

Areca & Coconut Prices Today - Mangaluru

Get the latest areca nut and coconut prices in Mangaluru. Find out the current market...

Sensex, Nifty Fall After Rally: US Fed, FII...

Sensex and Nifty tanked over 1% on Nov 7, driven by profit-taking in banking and auto...

HCL's Nadar Tops India Philanthropy List in FY24

Shiv Nadar of HCL Technologies leads India's philanthropy list with Rs 2,153 crore...

VA Tech WABAG Q2 Net Profit at Rs 70.3 cr

VA Tech WABAG reports consolidated net profit of Rs 70.3 crore for Q2 FY25, driven by...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com