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Goldpetal prices on MCX slipped on Thursday. MCX Goldpetal October contract was trading at Rs 2659 down Rs 6, or 0.23 percent.
Goldm prices on MCX declined on Thursday. MCX Goldm October contract was trading at Rs 26568 down Rs 71, or 0.27 percent.
Watch the interview of Aurobinda Prasad Gayan of Kotak Commodities with Ekta Batra & Anuj Singhal on CNBC-TV18. He spoke about the current trend in commodities markets.
Way2Wealth has recommended to sell Oct Gold around Rs 26755 with a stop loss of Rs 27873 for the target price of Rs 26513/26380, in its research report dated Sep 03, 2015.
According to Sushil Finance gold, Silver prices are expected to trade volatile due to uncertainty.
Gold prices on MCX were trading lower on Thursday. MCX Gold December contract was trading at Rs 26780 down Rs 31, or 0.12 percent.
Spot gold had eased 0.1 percent to USD 1,132.30 an ounce by 0318 GMT, after dropping 0.5 percent on Wednesday. US gold slipped about USD 1 to USD 1,132.40.
few days after which England decided to abandon the gold standards which lead to a currency war among various nations, ending with the World War II. And the second was in 1987 when the world saw
Gold, on Wednesday, held gains as investors sought a safe haven from recent equity declines sparked by concerns of a deepening slowdown in China. Gold was little changed at USD 1,138.78 an ounce
Goldpetal prices on MCX slipped on Wednesday. MCX Goldpetal October contract was trading at Rs 2671 down Rs 12, or 0.45 percent.
Geofin Comtrade report on Metals & EnergyGold edged lower on Wednesday with appetite for the metal soured by a firmer dollar despite weaker Asian equities, and failure to breach a key resistance
Goldm prices on MCX were trading with marginal loss on Wednesday. MCX Goldm October contract was trading at Rs 26794 down Rs 37, or 0.14 percent.
Watch the interview of Naveen Mathur of Angel Commodities with Ekta Batra and Latha Venkatesh on CNBC-TV18. He spoke about the current trend in commodities markets.
Gold prices on MCX were trading lower on Wednesday. MCX Gold December contract was trading at Rs 26947 down Rs 95, or 0.35 percent.
Sustained losses in Asian equities could switch some funds to gold after data showed US factory activity hit a more than two-year low in August, coming on the heels of a survey showing China
the euro and safe-haven yen higher.Crude prices declined sharply with Nymex crude sliding to 44 dollars a barrel. Also a report showed US crude stocks rose last week.In the precious metals space, gold prices
Gold climbed 0.8 percent to USD 1,144.33 an ounce. The metal rose 3.6 percent in last month. Silver also rose 0.2 percent to USD 14.65 an ounce, rising for the fourth day.
Bullion traders said a firming global trend where gold extended its best monthly gain since January after a factory gauge in China shrank to a three-year low, deepening concern about the slowdown
Gold prices rallied due to short covering and some short term volatility due to concerns over China. However, in medium term USD 1000 price tag of gold may be reached and gold may see new low.
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.
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