Gold Futures Decline on Weak Global Demand - PTI

By By Rediff Money Desk, New Delhi
Sep 16, 2024 13:33
Gold prices in India fell by Rs 6 per 10 grams on Monday, attributed to weak global cues. Gold prices also declined in New York.
Photograph: ANI Photo
New Delhi, Sep 16 (PTI) Gold prices on Monday declined Rs 6 to Rs 73,509 per 10 grams in futures trade amid weak global cues.

On the Multi Commodity Exchange, gold contracts for October delivery traded lower by Rs 6 or 0.01 per cent at Rs 73,509 per 10 grams in a business turnover of 15,321 lots.

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

Globally, gold prices went down by 0.04 per cent to USD 2,609.60 per ounce in New York.
Source: PTI
Read More On:
gold futuresgold pricesgoldcommoditiesmulti commodity exchange
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

Waaree Energies IPO: Rs 1,277 Cr From Anchor...

Waaree Energies, a solar panel maker, raises Rs 1,277 crore from anchor investors ahead...

Campa Cola Forces Tata Consumer to Lower Prices

Campa Cola's aggressive pricing strategy has forced Tata Consumer Products to reduce...

RBI Lifts Restrictions on JM Financial Products...

The Reserve Bank of India has lifted restrictions on JM Financial Products Ltd,...

NSDL Asset Value Hits Rs 500 Lakh Crore

National Securities Depository (NSDL) reports assets held in dematerialized form reach...

Bullion Rates Today: Gold & Silver Prices in...

Get the latest bullion rates for gold and silver in India. Check today's prices for...

PE/VC Investments Drop 40% to $8.8 Billion in...

Private equity and venture capital investments fell 40% to USD 8.8 billion in Q2 2023,...

L&T Finance Q2 Profit Up 17%, Challenges Ahead

L&T Finance reported a 17% rise in Q2 net profit to Rs 696 crore, but expects...

India's Software Exports Hit USD 205.2 Billion...

India's software services exports rose to USD 205.2 billion in 2023-24, with the US...

Kotak Mahindra Bank Acquires StanC India's...

Kotak Mahindra Bank to acquire Standard Chartered Bank's Rs 4,100 crore personal loan...

Oberoi Realty Q2 Profit Jumps 29% to Rs 589.44...

Oberoi Realty's consolidated net profit surged 29% to Rs 589.44 crore in Q2 FY24,...

Read More »

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