Gold Futures Fall on Low Demand - PTI

By By Rediff Money Desk, New Delhi
Oct 09, 2024 13:53
Gold prices fell on Wednesday due to weak global cues, declining by Rs 133 to Rs 75,028 per 10 grams in futures trade. Analysts attributed the fall to low demand.
New Delhi, Oct 9 (PTI) Gold prices on Wednesday declined Rs 133 to Rs 75,028 per 10 grams in futures trade amid weak global cues.

On the Multi Commodity Exchange, gold contracts for December delivery traded lower by Rs 133 or 0.18 per cent at Rs 75,028 per 10 grams in a business turnover of 14,488 lots.

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

Globally, gold futures decreased 0.13 per cent to USD 2,632 per ounce in New York.
Source: PTI
Read More On:
pricesgolddemandglobal cuesfutures
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

Maruti Suzuki Automates 12 Driving Test Tracks...

Maruti Suzuki India Ltd has partnered with Uttar Pradesh to automate 12 additional...

Arvind SmartSpaces to Develop Rs 600 Cr Housing...

Arvind SmartSpaces is jointly developing a Rs 600 crore housing project in Bengaluru,...

Warner Bros. Discovery: 3,000 Hours of Fresh...

Warner Bros. Discovery plans to deliver over 3,000 hours of fresh content in India by...

IRB Infra to Raise USD 200 Million in Debt - PTI

IRB Infrastructure Developers plans to raise up to USD 200 million through foreign...

Azim Premji Foundation Funds CMC Vellore

Azim Premji Foundation grants Rs 500 crore to CMC Vellore for a new medical college and...

Amazon India Partners with Startup India to...

Amazon India joins forces with Startup India to empower startups through e-commerce,...

Gold Prices Fall Rs 600, Silver Tumbles Rs...

Gold prices fell Rs 600 to Rs 77,700 per 10 grams in the national capital on Wednesday,...

Sensex Closes Lower After RBI Keeps Rates...

The Sensex reversed its gains and closed lower by 167 points on Wednesday, as...

India's Peak Power Demand to Reach 446 GW by...

India's peak power demand is projected to hit 270 GW next fiscal year and reach 446 GW...

RBI Holds Rates, Shifts Stance to Neutral Amid...

RBI Governor Shaktikanta Das explains the central bank's decision to maintain interest...

Read More »

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