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Wednesday
June 2018
2:56 PM IST
News Headlines
Yo-Yo effect: BCCI for fitness tests before selection        Tick, Tock: Time running out for Messi to deliver        Google announces training programme for journalists        Sensex tanks 261 pts as US-China trade spat escalates        Merkel, Macron search for reforms to halt EU 'disintegration'        S Korea, US confirm suspending military drills        Naveen Patnaik too seeks spl category status for his state        Kumaraswamy refutes reports of Cong-JDS differences on budget        Kejriwal calls off nine day sit-in        J-K govt collapses after BJP pulls out of alliance with PDP        Two-goal Kane gives England 2-1 World Cup opening victory over Tunisia in Volgograd        India's Srija stuns fancied Belgian Anna at women chess meet        FCA India launches Jeep Compass variant at Rs 17.53 lakh        Iraq force accuses US of killing 22 of its fighters in Syria        Merkel gets ultimatum from hardline ally over migrants        ED files fresh charge sheet against Mallya, prepares for fugitive tag        Rahul writes to slain scribe's father, offers condolence        India, China, Pakistan trilateral cooperation can help maintain peace: Beijing's envoy        Open to discussions: Delhi officers after CM's assurance on security        Fresh FIR filed against Nirav Modi for possessing multiple Indian passports        
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Business News
Gold slumps Rs 120 on lacklustre demand, global cues
 
(New Delhi, Nov 30, 2017): Gold prices declined by Rs 120 to Rs 30,400 per 10 grams today, mostly on account of slackened demand from jewellers and weak global cues.

Silver also remained under selling pressure and cracked below the Rs 40,000-mark by falling Rs 675 to Rs 39,325 per kg.

Market analysts said tepid demand from jewellers and retailers at the domestic spot market and a weak trend in the global market pressured by upbeat US growth data for the third quarter, weighed on the precious metal prices.

Globally, gold fell 0.16 per cent to USD 1,281.40 an ounce and silver slipped 0.15 per cent to USD 16.48 an ounce in Singapore.

In the national capital, gold of 99.9 per cent and 99.5 per cent purity drifted down by Rs 120 each to Rs 30,400 and Rs 30,250 per 10 grams, respectively. The precious metal had gained Rs 20 yesterday.

Sovereign, however, remained flat at Rs 24,700 per piece of eight grams.

In a similar fashion, silver ready slumped by Rs 675 to Rs 39,325 per kg and weekly-based delivery declined by Rs 775 to Rs 37,920 per kg.

Silver coins were unaltered at Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces.(PTI)


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FCA India launches Jeep Compass variant at Rs 17.53 lakh
RBI releases June '18 issue of monthly bulletin
Walmart expects to close Flipkart deal by the end of 2018
Passenger vehicle sales rise 20% in May
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NITI welcomes $16 bn Walmart-Flipkart deal
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KERALA NEWS
Kerala among 13 states on thunderstorm alert
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INTERNATIONAL NEWS
Merkel, Macron search for reforms to halt EU 'disintegration'
 Meseberg (Germany), Jun 19 (AFP) German Chancellor Angela Merkel hosted French President Emmanuel Ma
S Korea, US confirm suspending military drills
Iraq force accuses US of killing 22 of its fighters in Syria
Merkel gets ultimatum from hardline ally over migrants
NATIONAL NEWS
Naveen Patnaik too seeks spl category status for his state
 Nitish Kumar and his Andhra Pradesh counterpart N Chandrababu Naidu, Naveen Patnaik too has once aga
Kumaraswamy refutes reports of Cong-JDS differences on budget
Kejriwal calls off nine day sit-in
ED files fresh charge sheet against Mallya, prepares for fugitive tag
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