Light Rain
22°CMon :Isolated Thunderstorms. High: 32 Low: 21

Gold futures down to Rs 28,960 per 10 gms

Gold futures down to Rs 28,960 per 10 gms

New Delhi: Gold prices moved down by 0.25 percent to Rs 28,960 per 10 gm in futures trade today after participants offloaded partial positions, taking weak cues from the global market.

At the Multi Commodity Exchange, gold for delivery in February declined by Rs 74, or 0.25 percent, to Rs 28,960 per 10 gm in business turnover of 1,326 lots.

Likewise, the metal for delivery in April shed Rs 47, or 0.17 percent, to Rs 28,363 per 10 gm in 85 lots.

Market analysts said a weak trend in the overseas markets as speculation that the Federal Reserve will continue reducing monetary stimulus, mainly put pressure on the gold prices at futures trade here.

 

Top Stories

relaiancecapital1--621x414

Reliance Group to request new banking license permit with Nippon

September-01-2014
Mumbai: Reliance Capital Ltd, some piece of the Anil Ambani-controlled Reliance Group, said on Monday it will request another keeping money permit
1365433816-0319

United Bank of India announces Kingfisher Airlines wilful defaulter

September-01-2014
The United Bank of India on Monday announced the grounded Kingfisher Airlines and executive Vijay Mallya an alleged ‘wilful defaulter’, making it
264144-rajnath

Rajnath Singh has no arrangements to meet Pak partner at SAARC: Home Ministry

September-01-2014
The Home Ministry today rejected reports that Rajnath Singh has arrangements to meet his Pakistani partner on the sidelines of the SAARC
36280888.cms

Nifty Hikes to 8,000 for First Time on GDP Boost

September-01-2014
BSE Sensex and Nifty surged to record highs after monetary development in the first quarter hit a nine-quarter high. Information discharged on
modi.222jpg

Japan invites Modi, talks underway to sign safeguard, exchange settlements

September-01-2014
Tokyo: Prime Minister Narendra Modi was agreed an authority welcome by the legislature of Japan on Monday. Joined by Japan PM Shinzo
cbi-2

CBI strikes living arrangement of MLA’s and former cops regarding Saradha trick

August-29-2014
GUWAHATI: The CBI on Thursday did look operations in a few prominent areas in Guwahati regarding multi crore Saradha trick. Sources said