prices declined 0.17% to Rs 31736 per 10 gram in Friday’s futures trading since as participants reduced their positions
amid a weak global cues.
the MCX, gold prices for delivery in Feb-2019 were trading down by Rs 53, or
0.17%, to Rs 31736 per 10 gram in a business turn-over of 14109 lots. Further, Gold for delivery in April fell by
Rs 87 or 0.27% to Rs 31,793 per 10 gram in 3795 lots.
is very much sensitive over rising interest rates in U.S, which lift the
opportunity cost of holding non-yielding bullion.
gold futures were up nearly 0.4% at USD 1,299.50 per ounce. Spot gold was up
0.2% at USD 1,296.35 per ounce. The precious metal has risen more than 1% thus far