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Traders said slackened demand from jewellers and retailers at prevailing higher levels mainly weighed on gold prices but a better trend overseas, restricted the fall.
Goldm prices on MCX were trading higher on Monday. MCX Goldm June contract was trading at Rs 26766 up Rs 48, or 0.18 percent.
Gold has not lost its glitter the world over even moreso in India. Various estimates indicate that the total gold hoarded in the country could be around 20,000 tonnes and Kerala consumes 20
Goldguinea prices on MCX were trading firm on Monday. MCX Goldguinea June contract was trading at Rs 21545 up Rs 60, or 0.28 percent.
Buffeted by a 68 percent plunge in the price of silver since 2011, miners who traditionally made most of their money from silver are increasingly diversifying into gold, buying mines that have been
Watch the interview of Dharmesh Bhatia of Kotak Commodity Services with Ekta Batra and Anuj Singhal on CNBC-TV18. He spoke about the current trend in commodities markets.
According to Sushil Finance, gold and silver prices are likely to trade negative on the back of the US interest rate outlook.
According to Angel Commodities, gold prices are expected to trade sideways as stronger dollar in todays session will exert downside pressure while poor economic data from the US will boost the safe
Gold prices on MCX were trading higher on Monday. MCX Gold August contract was trading at Rs 26963 up Rs 102, or 0.38 percent.
tensions over the security of West Asia oil supplies.From precious metals space, gold hit its lowest level in more than a month on Friday, falling for the third straight week as strength in global equities
Spot gold was down 1.4 percent at USD 1,177.03 an ounce at 2:34 p.m. EDT (1834 GMT), while US gold futures for June delivery settled down USD 19.30 an ounce at USD 1,175. That marked spot gold
In April-February 2015, India's gold imports worked out to 7,82,095 kg as against 6,61,713 kg in 2013-14. India is the largest importer of the yellow metal.
Goldpetal prices on MCX were trading higher on Friday. MCX Goldpetal May contract was trading at Rs 2681 up Rs 5, or 0.19 percent.
Goldm prices on MCX were trading firm on Friday. MCX Goldm July contract was trading at Rs 27023 up Rs 64, or 0.24 percent.
Achiievers has recommended to sell MCX gold June at Rs 26980 for the target price of Rs 26880-26750 with a stop loss of Rs 27120 , in its research report dated April 24, 2015.
Goldguinea prices on MCX were trading mixed on Friday. MCX Goldguinea May contract was trading at Rs 21504 down Rs 15, or 0.07 percent.
Watch the interview of Kunal Shah of Nirmal Bang Commodities with Ekta Batra and Anuj Singhal on CNBC-TV18. He spoke about the current trend in commodities markets.
Gold prices on MCX were trading higher on Thursday. MCX Gold August contract was trading at Rs 26890 up Rs 79, or 0.29 percent.
Goldpetal prices on MCX were trading flat on Wednesday. MCX Goldpetal May contract was trading at Rs 2679 up Rs 1, or 0.04 percent.
Goldguinea prices on MCX were trading lower on Wednesday. MCX Goldguinea May contract was trading at Rs 21493 down Rs 32, or 0.15 percent.
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