Gold prices to trade lower: Angel Commodities

according to In fresh Delhi, gold of 99.9% & 99.5% purity came drop with Rs115 each to Rs30,135 & Rs29,985 per ten grams, respectively. Photo: MintNew Delhi: Gold prices came under Stress from a hight $ with a fall of Rs115 to Rs30,135 per ten grams on Monday because of tepid request from native jewellers. The fall was in line with a weak trend overseas as the Dominance in the $ dented request for the precious metal. In the national capital, gold of 99.9% & 99.5% purity came drop with Rs115 each to Rs30,135 & Rs29,985 per ten grams, respectively. Following gold, silver availiable dropped with Rs450 to Rs40,050 per kg & weekly-based delivery with Rs490 to Rs39,135 per kg.

Gold prices move drop Republika Srpska 115 after secure haven appeal hit

Never miss a major break news story! Get instant notifications from Economic TimesAllowNot nowYou could switch off notifications anytime Utilizing browser settings.

Gold prices to trade lower: Angel Commodities

As it stated in Angel Commodities' report on GoldOn Wednesday, spot gold prices rose 0.13 % to lock at $1275.6 per ounce after touching a 2 - 7 days high on Thursday, after Republicans in the unite states home of Representatives unveiled legislation to overhaul the unite states tax system. On the MCX, gold prices rose marginally with 0.02 % to lock at Rs.29332 per ten gms. We guess gold prices to trade reduce this day as markets value in further than 97 % change of average hike in the December meeting. On the MCX, gold prices are foreseen to trade sideways, international markets are trading higher with 0.09 % to lock at $1276 per ounce. For all commodities report, click hereThe views & investment advices expressed with investment experts/broking houses/rating agencies on moneycontrol.com are their own, & not which of the site or its management.

collected by :kiven Dixter