Breaking News

You are here » Indian-Commodity  :  Commodities  :  Gold Futures Matured With A Toned Notice With A Favourable Bias On Monday

03-May2011

Gold Futures Matured With A Toned Notice With A Favourable Bias On Monday

Gold futures matured on a toned note with a favourable bias on Monday since it gotten backed up by the anxieties of strikes in retaliation to Osama bin Ladens loss of life. The yellowish metal even received a boost coming from devaluation in American greenback which inverted ways after an preceding move as it confronted to destroy under its record lower levels. The valuable metal costs stayed extremely unpredictable between scanty range of market contributors on account of May Day as well as Labor Day breaks in huge areas of Asia and also much of Europe.

Gold futures pertaining to June presentation went up by by $0.70 to reside at $1,557.10 an ounce relating to the Comex section of the New York Mercantile Exchange, whilst the spot gold price tags reduced by $0.72 to $1,545.60 an ounce.

Related News

View all news

BT Cotton Seeds Businesses Targeting Earnings Of Rs 700 Crore This Season

BT Cotton seeds organizations are targeting earnings of Rs 700 cr this season as a result of a rise ......

Gold Challenges To Maintain Earlier Increases As The Problems In Europe Prolongs

Gold prices surrounded reduce on Monday because the euro solved their deficits in opposition to the ......

Copper Seems To Lengthen Uptrend As Dollar Recoils

Copper rates were able to lengthen the uptrend for 3rd instantly period on Monday, as traders proved......

Top News

View all news

RPP Infra Projects bags orders worth Rs 62.90 crore from BHEL

RPP Infra Projects has bagged orders from Bharat Heavy Electricals (BHEL), Chennai for worth of Rs 62.90 crore. The first order is for providing civil works of Boiler, Mill and Bunker, ESP area of unit......

Glenmark gets tentative ANDA approval for Abiraterone Acetate Tablets

Glenmark Pharmaceuticals Inc., USA (Glenmark) has been granted tentative approval by the United States Food & Drug Administration (USFDA) for Abiraterone Acetate Tablets USP, 250 mg, a generic......

HDFC Standard Life Insurance reports 18% rise in Q3 net profit

HDFC Standard Life Insurance has reported results for third quarter ended December 31, 2018. The company has reported a rise of 18.48% in its net profit at Rs 245.63 crore for the quarter under review......