Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
28 April, 2015 07:34 IST

Source: rss | 28-Apr-15
Comments  |  Post Comment

Gold futures are trading lower in early trade on Friday. April 2013 gold futures at the MCX were trading down 0.20% at Rs 29,330 per 10 grams at 10.28 am after hitting high of Rs 29,357. It opened at Rs 29,355.

Meanwhile, May 2013 silver futures at the MCX were trading up 0.14% at Rs 54,365 per 1 kg after hitting high of Rs 54,396. It opened at Rs 54,290.

April 2013 gold futures at COMEX were down USD 0.1 or 0.01% to USD 1590.5t oz.  Meanwhile, in the spot markets, gold was up USD 1.32 or 0.08% to USD 1591.44/t oz. at 10.31 am.

Commenting on the outlook, Emkay Commodity Research said, ''Gold prices are expected to go down on hopes of better economic recovery which is likely to hurt the safe haven appeal of gold. Gold in India is also likely to weaken and a stronger rupee can further put pressure on prices. Gold for April delivery on the Multi Commodity Exchange (MCX) was down by 0.34% at Rs 29,389/10gms.''

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
ICICI Bank's asset quality deteriorates; net NPA almost doubles - 27-Apr-2015 16:44
UBI, Shriram Automall tie up for disposal of seized vehicles & equipment - 27-Apr-2015 16:27
JSW Energy consolidated Q4 net jumps 86% - 27-Apr-2015 15:56
ICICI Bank Q4 profit in-line with estimates, up 10.2% - 27-Apr-2015 15:26
ICICI Bank Q4 profit in-line with estimates, up 10.2% - 27-Apr-2015 15:26
Maruti Suzuki Q4 beats estimates, profit jumps 60.5% - 27-Apr-2015 13:52
Andhra Bank Q4 profit doubles to Rs 1.85 bn - 27-Apr-2015 13:14
Yes Bank launches its first international representative office in Abu Dhabi - 27-Apr-2015 12:56
Ashoka Buildcon successfully raises Rs 5 bn via QIP - 27-Apr-2015 12:09
Grasim Industries announces suspension of operations at Nagda plant - 27-Apr-2015 12:00
United Spirits board asks Vijay Mallya to resign - 27-Apr-2015 11:48
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer