Sluggish demand in spot market also pressurised prices
Slim arrivals in the market also pressurised prices
MCX lead up nearly 0.5% from previous close
Gold has fallen 5.87% since the end of March
Gold down to lowest in four weeks internationally amid signs of slowoing US growth, firm dollar
International price of cotton has seen a fall of 20 per cent exports come to a virtual halt
Oil rose as as a deal by European leaders to shore up euro zone banks triggered frantic short-covering by fund
However, silver decline continues amid subdued industrial off-take
Stockpile gains indicate flagging energy demand in the world's largest oil consumer, which is bearish for oil mkts
China's factory sector grew at a slightly higher rate in April from the previous month, a sign its economy may have bottomed out in the first quarter
Investors take profits from recent gains, while renewed concerns about euro zone's debt problems also pressure prices
China cues, weak demand from Eurozone countries push prices