Skip to main content

Gold futures fall 0.20% on weak global cues

In futures trading at the Multi Commodity Exchange, gold for delivery in far-month April was trading lower by Rs 63, or 0.20 percent, to Rs 32,185 per ten grams in a business turnover of 105 lots.



Taking weak cues from global markets, gold prices fell by 0.20 percent in futures trade on Thursday as speculators engaged in reducing their holdings.
In futures trading at the Multi Commodity Exchange, gold for delivery in far-month April was trading lower by Rs 63, or 0.20 percent, to Rs 32,185 per ten grams in a business turnover of 105 lots.
In a similar fashion, the February contract of gold fell by Rs 50, or 0.16 percent, to Rs 32,090 per 10 grams in a business volume of 668 lots.
Analysts said offloading of positions by participants, tracking a weak trend overseas, led to the fall in gold prices at futures trade here.
Gold prices fell 0.09 percent to $1,282.10 an ounce in New York.


For more trading tips find Best top 10 advisory company in Indore 

Labels:

Comments

Post a Comment

Popular posts from this blog

Keep 5-yr investment horizon for Long Term Equity Fund

Though the fund has done well over past five years, the investors must be prepared to tolerate short-term under performance in case there is a sudden rally that overlooks fundamentals . Investment strategy The scheme has invested in a concentrated portfolio of around 25 stocks. The stocks are picked up on a bottom-up basis. The fund manager identifies investment opportunities that would deliver over a five-year time frame. “We don’t put much emphasis on the macro environment and the associated factors since they are not predictable and not within anyone’s control.  Should you invest now? The scheme’s portfolio has cut its net exposure to Indian stocks over past two years. Compared to 62 percent in September 2016, it came down to 55 percent in September 2017 and to 45 percent now, in line with rising valuations of quality companies. High cash levels and exposure to overseas stocks have helped the fund to weather recent sharp correction in Indian stocks....
2 comments
Read more

मेंथा ऑयल रेट टुडे: हफ्तेभर में 4% लुढ़का मेंथा, ₹1300 के नीचे जा सकता है भाव

मेंथा ऑयल का भाव एक हफ्ते में 4 फीसदी गिर चुका है. आगे भी कीमतों में तेज गिरावट के संकेत हैं. इसकी वजह नई फसल की आवक है. इस साल मेंथा का बंपर उत्पादन होने की उम्मीद है. कारोबारियों को जून में कीमतों में बड़ी गिरावट की आशंका है. मेंथा का सबसे ज्यादा उत्पादन उत्तर प्रदेश में होता है. ओरल केयर, फार्मास्युटिकल, परफ्यूम और कन्फेक्शनरी बनाने वाली कंपनियां मेंथा का इस्तेमाल करती हैं. मेंथा तेल की कीमतें पिछले महीने 1,360 रुपये प्रति किलोग्राम तक लुढ़क गईं. गुरुवार को एमसीएक्स पर मेंथा ऑयल का मई वायदा 0.20 फीसदी की गिरावट के साथ 1370 के आसपास कारोबार कर रहा था. वहीं दूसरे नजदीकी कॉन्ट्रैक्ट जून डिलीवरी का भाव 1,255 रुपये प्रति किलोग्राम पर कारोबार कर रहा था. एंजल ब्रोकिंग के डिप्टी वाइस प्रेसीडेंट (कमोडिटीज एवं करेंसी) अनुज गुप्ता ने कहा, 'हमें उम्मीद है कि आगे मेंथा ऑयल में गिरावट बढ़ सकती है. मई कॉन्ट्रैक्ट का भाव नीचे में 1,300-1,280 रुपये प्रति किलोग्राम तक गिर सकते हैं. कंपनियां मेंथॉल और क्रिस्टल बनाने के लिए भी मेंथा ऑयल का इस्तेमाल करती हैं. मेंथा को पुदीना भी क...
2 comments
Read more

Find out which stock you should buy today

Independent Analyst Kunal Bothrah's Yes Bank Ltd. And MRF Ltd. Recommend to buy these at their target price Yes Bank Ltd. Yes Bank Ltd. Buy shares at target value of 163.0. Yes Bank Ltd. . The current market price of Rs. 152.75. Market Expert has set its time frame Intraday, when Yes Bank Ltd. The price can reach its set target. Kunal Bothara has been instructed investors to keep stop loss Rs. 148 and strictly adhere to it. Yes Bank Ltd., incorporated in the year 2003, is a banking company (market cap - Rs 35390.11 crore) MRF Ltd. MRF Ltd. Buy shares at the target price of 60000.0. MRF Ltd. . The current market price of Rs 57561.65. Market Expert has fixed its timeframe Intra Day, when MRF Ltd. The price can reach its set target. Kunal Bothrah is the directive to investors to keep stoploss Rs 55500 and strictly follow it. MRF Ltd., active in the tire sector, incorporated in the year 1960, is a large cap company (market cap - Rs 24412.72 crore) Anand Rathi's market...
2 comments
Read more