Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Money / Gold remains higher on better global cues
BackBack

Gold remains higher on better global cues

Gold remains higher on better global cues

Premium

New Delhi: Gold prices gained 1.09% on the Multi Commodity Exchange on Wednesday on constant buying by speculators in tandem with better global trend.

On the MCX, at 11:45am gold for the most active October month contract rose by 1.09% to Rs14,750 per ten gram in trading of single lot.

The metal for delivery in August gained 0.16% to Rs14,718 per ten gram with trading volume of 206 lots.

The continued rise in gold mostly attributed on sustained buying by jewellers to meet the current marriage season demand.

The rising trend in overseas market where gold prices touching a $925 an ounce in New York last night also supported the uptrend.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 13 May 2009, 01:07 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App