Friday, July 11, 2025
spot_img

Gold futures slide on weak global cues

Date:

Share post:

spot_imgspot_img

New Delhi, Jul 14 (PTI) Gold futures fell by 0.18 per cent to Rs 27,786 per 10 grams today as participants cut down bets to book profits amid a weak global trend. At the Multi Commodity Exchange, gold for delivery in August was trading down Rs 51, or 0.18 per cent, to Rs 27,786 per 10 grams, in a business turnover of 304 lots. Market analysts attributed the fall in prices to weak trend overseas as the dollar strengthened against a basket of major currencies and global stocks gained on upbeat data, that diminished demand for the precious metal as a safe haven. Meanwhile, gold traded 0.10 per cent lower at USD 1,216.10 an ounce in Singapore. PTI

spot_imgspot_img

Related articles

Neither misleading nor misinformed

Editor, In response to Bhogtoram Mawroh’s letter titled “Law Misquoted, Questions Deserve Answers,” (ST July 8,2025), I wish to...

Row over CJI residence

An unsavoury row has been created over the failure on the part of former Chief Justice DY Chandrachud...

Grappling with challenges in education: Technology not a panacea

By Patricia Mukhim Sometime we tend to believe the worst of ourselves and conclude that education is Meghalaya’s most...

Seeking a balanced and inclusive approach on ILP and Minority Rights in Meghalaya

By Homnath Gautam The demand for the implementation of ILP is deeply rooted in the indigenous tribal communities Khasi,...