Business Standard

Gold futures seen in range of Rs 31,600-32,850: India Infoline

Global gold has recovered from a 1-1/2-week low of $1,705.64 an ounce hit on Wednesday

Related News

Brokerage expects a trading range of Rs 31,600-32,850 for gold on the Multi Commodity Exchange, it said in a report.

Gold could move in the range of $1,700-1,790 an ounce till the year end, according to the broker, as the market has been roiled by conflicting comments from Washington about the negotiations.

Global gold has recovered from a 1-1/2-week low of $1,705.64 an ounce hit on Wednesday, but it has been unable to break a strong resistance at $1,730 an ounce. Top U.S. Republican lawmaker John Boehner said on Thursday that the talks had made little progress, after expressing optimism about reaching a deal with the White House just a day earlier.

Read more on:   
|
|
|
|

Read More

Platinum demand to rise 50% in India

Growing popularity and awareness among consumers are set to drive platinum demand by 50% in India for the next couple of years. Moreso, aspiring ...

Quick Links

 

Market News

Tyre stocks in demand; Ceat surges 10%

MRF, J K Tyre, TVS Srichakra, Apollo Tyres, Goodyear India, Falcon Tyres and Dunlop India are up 5-8% on BSE.

Rate sensitive stocks trade mixed post RBI policy

Kotak Mahindra and Federal Bank are up 1% each, while Axis Bank and Bank of India down 1% each on NSE.

Markets trim gains after RBI keeps policy rates unchanged

Markets trimmed early gains after the RBI kept key policy rates unchanged

Cardamom down 1.2% on adequate stocks

Spice for delivery in November contracts traded lower by 1.01%

Mentha oil up 0.8% on pick up in demand

Oil for delivery in September contracts moved up by 0.63%

Back to Top