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

Govt's investor of last resort sells in bull run

LIC leads insurers in selling shares worth Rs 17,000 cr this quarter

Small & mid-caps on mutual funds' buy list

HDFC Mutual Fund, Reliance Mutual Fund, IDFC Mutual Fund, SBI Mutual Fund and DSP Blackrock have bought shares of mid-and-small-sized companies ...

Without an Alibaba, fund managers turn to proxy plays

They are investing in logistics and packaging firms to have their finger in the e-commerce pie

TVS Motor: Strong on volume growth; margins a concern

The volume and market share gains can be attributed to a series of launches, especially in the second half of 2013-14

One Alibaba and one hundred Qasims

The Alibaba IPO is a great lesson in marketing. Buzz was created from the time it went for filing earlier this year, as if a multi-starrer ...

Back to Top