Gold prices fell in futures trade on Thursday on lower demand at the spot market from jewellers and uninspiring global trend.
Stronger rupee has also hit gold. The rupee climbed 33 paise to 69.94 against the dollar today. A strong rupee against the dollar brings gold prices down and spurs consumption in the country.
The MCX Gold was trading at Rs 31,898 per 10 grams, down by Rs 50 around 10:50 am.
Silver, on the other hand, was trading rangebound on muted demand by industrial units and coin makers.
The MCX Silver was trading Rs 10 higher at Rs 38,175 a kilo around the same time.
Stronger rupee has also hit gold. The rupee climbed 33 paise to 69.94 against the dollar today. A strong rupee against the dollar brings gold prices down and spurs consumption in the country.
The MCX Gold was trading at Rs 31,898 per 10 grams, down by Rs 50 around 10:50 am.
Silver, on the other hand, was trading rangebound on muted demand by industrial units and coin makers.
The MCX Silver was trading Rs 10 higher at Rs 38,175 a kilo around the same time.
To Get Free Trial
Missed Call@ 8817002233
Whatsapp @ 8602780449
Mail Us = starindiamarket@gmail.com
No comments:
Post a Comment