News Gold prices dips

[Technoglitch]

Amid a weakening global trend and subdued demand at spot market, gold prices eased further by 0.21 per cent to Rs 26,618 per 10 grams in futures trade today as speculators engaged in reducing their positions.

At the Multi Commodity Exchange, gold for delivery in far -month December fell by Rs 57, or 0.21 per cent to Rs 26,618 per ten gram in business turnover of 102 lots.

Similarly, the yellow metal for delivery in October contracts shed Rs 41, or 0.15 per cent at Rs 26,430 in 1,095 lots.
Gold futures extend losses, fall 0.21% on weak global cues | The Financial Express

 

[IndianMascot]

It's surprising that even gold is down. Usually when market is down, gold goes up

 

[Technoglitch]

Maybe due to less sales.

 

[whitebunny]

We Indians usually use to buy lot now I guess we don't have money to but the gold or thieves making us stay away from the yellow metal.