Advertisement
Thursday, Dec 02, 2021
Outlook.com
Outlook.com

Gold futures fall on low demand

Gold futures fall on low demand
outlookindia.com
1970-01-01T05:30:00+0530
New Delhi, Oct 15 (PTI) Gold prices fell Rs 501 to Rs 47,381 per 10 grams in the futures trade on Friday, as speculators reduced their positions amid low demand.

On the Multi Commodity Exchange, gold contracts for December traded lower by Rs 501, or 1.05 per cent, to Rs 47,381 per 10 grams in a business turnover of 12,889 lots.

Analysts attributed the fall in gold prices to trimming of positions by participants.

Globally, gold traded 0.95 per cent lower to USD 1,780.80 an ounce in New York. PTI RUJ HRS

hrs


Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI

More from Website

How Digital Insurance Policy Documents Can Make Your Life Easy

How Digital Insurance Policy Documents Can Make Your Life Easy

Insurers are now issuing policy documents digitally as it has now become possible to make claims digitally. Moreover, it is also easier to store them online.

Premier League 2021-22: Hakim Ziyech Helps Chelsea Keep Top Spot With 2-1 Win Over Watford

Premier League 2021-22: Hakim Ziyech Helps Chelsea Keep Top Spot With 2-1 Win Over Watford

The Chelsea vs Watford Premier League 2021-22 clash had to be stopped for 32 minutes after a spectator reportedly suffered a cardiac arrest during the first half. Chelsea are a point ahead of Manchester City.

Anand Rathi IPO Opens Today, Raises Rs 194 Crore Funding. Should You Subscribe?

Anand Rathi IPO Opens Today, Raises Rs 194 Crore Funding. Should You Subscribe?

The company has decided to allocate 35.25 lakh equity shares to 12 anchor investors at Rs 550 apiece, valuing the transaction size at Rs 194 crore, according to a BSE circular.

More from Outlook Magazine

Letter From The Issue Editor

Letter From The Issue Editor

Home Together

Home Together

It’s an orphanage for young transgenders and others, who are socially ostracized.

Elvis Plays A Different Game

Elvis Plays A Different Game

Advertisement

Outlook Newsletters

Advertisement
Advertisement