Gold Futures Slip on Low Demand: Prices Down Rs 186

By By Rediff Money Desk, New Delhi
Jul 08, 2024 12:39
Gold futures prices declined on Monday due to reduced speculator positions and weak global cues. Prices fell Rs 186 to Rs 72,865 per 10 grams on the Multi Commodity Exchange.
New Delhi, Jul 8 (PTI) Gold prices on Monday declined Rs 186 to Rs 72,865 per 10 grams in futures trade as speculators reduced their positions.

On the Multi Commodity Exchange, gold contracts for August delivery traded marginally lower Rs 186 or 0.25 per cent at Rs 72,865 per 10 grams in a business turnover of 13,670 lots.

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

Globally, gold was trading 0.38 per cent lower at USD 2,388.50 per ounce in New York.
Source: PTI
Read More On:
gold futuresgold pricegold marketcommodity tradingmulti 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

Denta Water IPO Raises Rs 66 cr from Anchor...

Denta Water and Infra Solutions Ltd has raised Rs 66 crore from anchor investors ahead...

CCI Approves Sequent Scientific Merger,...

The Competition Commission of India (CCI) has cleared the merger of nine entities with...

EU-India FTA: German Chancellor Scholz Hopes...

German Chancellor Olaf Scholz expresses optimism about the success of free trade...

Ex-CJI Lalit Calls for Law Education Reform -...

Former CJI Udai Umesh Lalit advocates for law education that empowers lawyers to...

Air India Express Increases Baggage Allowance...

Air India Express now offers 30 kg free checked-in baggage allowance for passengers...

Grip Invest Hits USD 100 Million in Annualized...

Grip Invest, a fixed-income trading platform, reports USD 100 million in annualized...

DGCA Works on Advanced Air Mobility Regulations

The DGCA is collaborating with ICAO and other aviation authorities to develop a...

Reliance Capital Delisting: Shares to Be...

Reliance Capital (RCAP) is seeking delisting from stock exchanges as part of its...

Agro Tech Foods Acquires Del Monte India for Rs...

Samara Capital-backed Agro Tech Foods gets CCI approval to acquire Del Monte Foods's...

Sonowal Launches Rs 2,000 Cr JNPA Expansion...

Union Minister Sarbananda Sonowal launched projects worth Rs 2,000 crore to expand...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com