Gold futures slide 0.02 pc on low demand

Gold futures slide zero.02 laptop on low demand


New Delhi, Could 16 Gold costs dipped by zero.02 per cent to Rs 32,251 per 10 gram in futures commerce Thursday as speculators lowered publicity, pushed by subdued demand on the spot market.

On the Multi Commodity Alternate, gold for supply in June contracts fell by Rs eight, or zero.02 per cent, to Rs 32,251 per 10 gram in a enterprise turnover of 9,091 tons.

Analysts stated off-loading of positions by members to e-book earnings and a weak pattern within the home markets, primarily influenced gold costs at futures commerce right here.

Globally, nonetheless, the costs of the valuable metallic recovered marginally zero.11 per cent to USD 1,298.20 an oz in New York. ADI SHW

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