Business Standard

Gold hits record high at Rs 30,388 per 10 gm

Positive cues from the overseas market pulled prices higher

Related News

futures prices today hit a record high of Rs 30,388 per 10 gm as participants created speculative positions, taking positive cues from global markets.

At the MCX, gold for delivery in August rose by Rs 77, or 0.25%, to trade at an all-time high of Rs 30,388 per 10 gm in a business turnover of 1,012 lots.

Globally, gold prices rose by $2 to $1,628.70 in previous session in New York.

Market analysts said speculative positions built-up by participants, tracking firming trend overseas, helped gold to hit record high at futures trade here.

Read more on:   
|
|
|
|
|

Read More

Gold rebounds on renewed demand, global surge

Gold prices reversed its three-day plunge and rose at the domestic bullion market here today on emergency of fresh buying at existing levels from ...

Quick Links

 

Market News

Thailand, Indonesia, Malaysia plan rubber exchange

The exchange will be operational in 18 months

Adani's controversial foray down under

SBI, however, says the loan will be disbursed only after proper due diligence

Fund managers to wait tilll next Budget for tax clarity

The proposal to treat their business income as capital gains was part of capital market reforms in this budget but I-T Dept will take longer

Less than 25% of shareholders participate in delistings: Experts

They say 25% rule could prove major hurdle for exiting companies

Equity MFs turn net sellers; shares worth Rs 675 crore sold

Investment managers say it's nothing but a tactical sell call

Back to Top