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Todays Gold News Buzz And Price updates

Discussion in 'Stock Market Discussions' started by Harish, Nov 30, 2015.

  1. Harish

    Harish New Member

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    Commodity Updates - Gold futures retreated sharply in the domestic market on Friday as investors and speculators exited positions in the precious metal tracking a weak trend in the overseas market as rising speculation that the US Federal Reserve may raise borrowing costs for the first time in nearly a decade next month curbed the lure for the bullion as a store of value. At the MCX, Gold futures for December 2015 contract closed at Rs 25,059 per 10 gram, down by 0.88 per cent after opening at Rs 25,244, against the previous closing price of Rs 25,281. It touched the intra-day low of Rs 24,965.

     
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