Breaking News

You are here » Indian-Commodity  :  Commodities  :  Gold Rates Confirmed Some Rescue on Monday


Gold Rates Confirmed Some Rescue on Monday

Gold rates confirmed some level of rescue on Monday, when they proceeded to sail past the $1,500 an oz stage yet again, right after traders confirmed some purchasing passions in gold on the back of ongoing issues over the Euro-zone sovereign debts difficulties combined with politics unrest in Syria and Egypt. The upside down chances for yellowish material costs shown up given as the admiration in US dollar created the greenback denominated item fewer interesting for owners of other money.

Gold commodities for June supply rose by $11.60 to stay at $1,503.20 an oz after buying and selling in the array of $1,522.10 to $1,471.80 on the Comex section of the NYME , whereas the spot yellow metal costs increased by close to $20 to $1,513.10 an oz.

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

Kridhan Infra's arm bags order worth $36 Million

Kridhan Infra's (KIL) Singapore subsidiary -- KH Foges has bagged a new order in Singapore worth $36 Million (Rs 187 Crore). The subsidiary has been contracted to execute Piling Works & Earthworks......

Bharti Airtel upgrades 4G network in Mumbai

Bharti Airtel has upgraded 4G network in Mumbai, with the deployment of 'LTE 900 technology' that will enhance indoor network coverage and improve network experience for customers.With the roll-out of......

Refex Industries to raise Rs 25 crore via Rights Issue

Refex Industries has received approval to raise of funds by way of offer and issue of Equity Shares to the Members of the Company on Rights Issue at such price and rights entitlement ratio for an amount......