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Gold prices soared by Rs 250 to Rs 30,900 per ten grams at the bullion market today, propelled by positive global cues amid increased buying by jewellers at the domestic spot market.Silver also
Watch the interview of Navneet Damani of Motilal Oswal Commodities with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities market.
At the Multi Commodity Exchange, gold for delivery in far-month October shot up by Rs 193, or 0.62 percent, to Rs 31,481 per 10 grams in a business turnover of 263 lots.
Watch the interview of Ashish Shah of Sushil Finance with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities market.
Spot gold was little changed at USD 1,338.87 an ounce at 0112 GMT. Bullion on Wednesday touched a high of USD 1,342.18, its best since July 14.
Watch Manisha Gupta of CNBC-TV18 speaking about the current trend and updates from the commodity space.
Globally, gold steadied near USD 1,320 an ounce on Wednesday as traders awaited the outcome of a two-day Federal Reserve policy meeting later, which will be closely watched for any clues on the scale
due to the news as their demand is highly leveraged to China's economic growth. Gold prices have seen a rally in the first half of this year as investors sought safe havens. However, if the
Watch the interview of Faiyaz Hudani of Kotak Commodity Services with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities market.
Marketmen said apart from muted demand from jewellery makers due to off-wedding season, a weak trend in global markets where gold fell ahead of a US Federal Reserve meeting mainly weighed
In futures trade, gold for delivery in October contracts was trading Rs 84 or 0.27 percent lower at Rs 31,140 per 10 gms in a business turnover of 99 lots at the Multi Commodity Exchange.
Watch the interview of Naveen Mathur of Angel Commodities with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities market.
The fourth tranche of Sovereign Gold Scheme numbers have started pouring in where BSE has collected 159 kilograms (KG) while NSE has seen higher interest at 341 KGs worth Rs 106 crore.
According to Achiievers Equities,Gold remained in range as dollar firmed and a recovery in risk ap petite supported world stock markets near nine-month high s ahead of central bank meetings.
Gold was little changed on Tuesday, after falling in the past two sessions, as the dollar slipped and equities eased ahead of the US Federal Reserve meeting later in the day.Asian markets remained
Watch the interview of Sumeet Bagadia of Choice Broking with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities markets.
Watch the interview of Kishore Narne of Motilal Oswal Commodity with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities market.
In futures trading at the Multi Commodity Exchange, silver for delivery in September was trading lower by Rs 88, or 0.19 per cent, at Rs 46,385 per kg in a business turnover of 341 lots.
Gold for delivery in far-month October dropped by Rs 63 or 0.20 per cent to Rs 31,188 per 10 gram in a business turnover of 26 lots at the Multi Commodity Exchange.
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