Gold futures down
GK NEWS NETWORK
New Delhi, June 7: Tracking weak global trend, gold prices declined by Rs 26 or 0.14 per cent to Rs 18,768 per ten gram in futures trade today, as speculators reduced their holdings.
At the Multi Commodity Exchange, gold for August contract declined by Rs 26, or 0.14 per cent to Rs 18,768 per ten gram, with an open interest of 19,031 lots.
Similarly, the metal for delivery in October contract traded lower by the same margin at Rs 18,850 per ten gram, with a business turnover of 1,587 lots.
Marketmen said a weakening global trend and profit-taking at the existing higher levels led to a fall in gold prices at futures trade.
Meanwhile, gold declined by USD 3.10 to USD 1,216.90 an ounce in the Asian region.
Lastupdate on : Mon, 7 Jun 2010 21:30:00 Makkah time
Lastupdate on : Mon, 7 Jun 2010 18:30:00 GMT
Lastupdate on : Tue, 8 Jun 2010 00:00:00 IST
- MORE FROM BUSINESS
UMER MAQBOOL DAR
Srinagar, June 7: On the arrival of Prime Minister Dr Manmohan Singh in the valley, scores of people from Shopian including the family of Asiya and Neelofar tried to stage a sit-in at press enclave here More
- Srinagar City
‘We have only seen such scenes while viewing news about trouble-torn Afghanistan, Palestine and Iraq’
ARIF SHAFI WANI
Srinagar, June 7: It was a nightmarish experience for hundreds of tourists putting up in hotels in and around Boulevard as authorities had blocked all the roads leading towards the tourist hub to facilitate More
PRESS TRUST OF INDIA
Jammu: Four railway ticketing agents were arrested in a raid at a station counter here, police said. Police and CRPF men raided the counter and arrested four agents while allegedly booking and black More
- South Asia
Muzaffarabad, June 7: The British High Commissioner to Pakistan, Adman Thomson today said Pakistan Administered Kashmir could be developed by involving communities in the development process. “Due More
JK’s total liabilities go up to Rs 24,275 cr
GOVT PAYS RS 11,400 CR INTEREST IN EIGHT YEARS
PRESS TRUST OF INDIAJammu, June 7: In a projection of Jammu and Kashmir's deteriorating financial setup, the state's total liabilities—including public debt – have increased to Rs 24,275 crore, constituting More