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Yellow metal News
Gold drops on global cues, dollar gains Gold prices fell Rs 125 at Rs 16,700 per ten gram in the bullion today on sustained selling by stockists after the metal hit a seven-week low in overseas markets amid a firming dollar. The precious metal dropped in the international market on speculation that an improving US economy will help extend this month's rally in the dollar and reduce demand for gold as an alternative investment.
Gold bounces from 7-week low but dollar caps gains
Gold slightly lower on dollar, profit-taking
Gold futures lower on firm dollar
Gold steady on international cues
Gold tumbles by Rs 240 per ten grams
Gold prices tumbled by Rs 240 per ten grams to Rs 16,860 in the early trade on the bullion market here today on persistent stockists offerings following overnight sharp fall in New York market. |
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