Comments
Gold futures may continue its downtrend in line with global markets. However, the depreciation of rupee against dollar has arrested the sharp fall in gold prices in India.
On the Multi Commodity Exchange, gold for August contract opened lower by Rs 30 at Rs 30,260 per 10 grams. The yellow metal may trade between Rs 30,050 and Rs 30,250 per 10 gram.
US spot gold was down by $10 at $1600 a troy ounce at 11.30 am.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.