Breaking News

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


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

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......