Gold prices drifted lower by Rs 105 to Rs 32,370 per 10 grams at the bullion market today, halting its four-day rising streak on the back of weak global cues.
Gold prices further went down at the bullion market here today on slackened demand from jewellers and customers.
Gold prices climbed by Rs 350 to Rs 32,475 per ten gram at the bullion market, extending its rising streak for the fourth straight day largely on firming trend overseas.
Gold prices steadied after breaking above $1,300 an ounce in the previous session when Donald Trump called off a meeting with North Korean leader Kim Jong Un, fanning political tensions.
Gold prices dropped 0.37 per cent to Rs 31,356 per 10 grams in futures trade today as speculators trimmed their positions, tracking a weak trend overseas.
Gold prices eased on profit-taking, after breaking above $1,300 in the previous session when Trump’s decision to call off a meeting with Kim triggered safe-haven buying.
Goldman Sachs said on Thursday that any systemic spillovers from Italian political risks into peripheral Europe could push the euro down against the dollar by “around five big figures.”
Standard gold (99.5 per cent purity) fell by Rs 25 to close at Rs 31,265 per 10 grams from Wednesday's price of Rs 31,290.
Gold prices rose for a second session on Thursday, lifted by a weaker dollar, worries about renewed trade tensions and volatile emerging markets.
Anglo Asian Mining, which focuses on copper, gold and silver mining in Azerbaijan, said it was considering paying its first dividend now that it had reported a profit, cut debt and built up cash.
Bags EPC packages of Purvanchal Expressway in Uttar pradesh of Rs 1738 Cr
Approved buyback of 29 Lk shares amounting Rs 200.2 Cr
Tamil Nadu Pollution Control Board ordered disconnection of electricity
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Order requires closure of unit with immediate effect
Thoothukudi copper smelter unit has not been operating since Mar 27
Launched Silver Options, Total Traded Contract Value at Rs 34.36 Cr
Option Positions are physically settled & are European Style Options
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R Damani sells 0.8% Stake at Rs 1360.2/Sh
Deal Value at Rs 643 Cr