Gold Futures Fall on Low Demand - Latest Prices
By Rediff Money Desk, NEWDELHI Jan 16, 2024 15:03
Gold prices declined on Tuesday due to reduced speculator positions and weak global cues. Learn about the latest gold futures prices and market trends.
New Delhi, Jan 16 (PTI) Gold prices on Tuesday declined Rs 104 to Rs 62,455 per 10 grams in futures trade as speculators reduced their positions.
On the Multi Commodity Exchange, gold contracts for February delivery traded lower by Rs 104 or 0.17 per cent at Rs 62,455 per 10 grams in a business turnover of 9,004 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold was trading 0.02 per cent higher at USD 2,052.10 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for February delivery traded lower by Rs 104 or 0.17 per cent at Rs 62,455 per 10 grams in a business turnover of 9,004 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold was trading 0.02 per cent higher at USD 2,052.10 per ounce in New York.
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
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.93 ( -4.87)
- 226206286
- IFL Enterprises
- 1.30 (+ 4.84)
- 81461564
- Vodafone Idea L
- 16.79 (+ 0.66)
- 67447398
- NCL Research
- 0.95 ( -4.04)
- 31996628
- Franklin Industries
- 3.73 (+ 3.32)
- 21511209
MORE NEWS
Navi Mumbai Airport ILS Signal Testing Begins
The Airports Authority of India (AAI) has begun ILS signal testing at the...
Air India VRS for Non-Flying Staff Ahead of...
Air India has announced a voluntary retirement scheme (VRS) and voluntary separation...
Fisher Groups Oppose WTO Fisheries Subsidy Talks
Small-scale fisher groups from India, Indonesia, and Bangladesh demand WTO keep...