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Friday, September 22, 2023

Gold prices drop Rs 182 to Rs 29,375 on weak global cues


NEW DELHI: Gold charges slide sharply Rs 182 to Rs 29,375 for every 10 grams right now as traders trimmed their positions amid weakening world trend.Gold for expiry in October dropped Rs 182 to Rs 29,375 for every ten grams, and also the metal for expiry within the thirty day period of December tumble Rs 183 to Rs 29,523 within the Multi Commodity Exchange.
Through afternoon trade, the steel was down 162 details to 29395 for Oct expiry plus the gold for expiry during the thirty day period of December was buying and selling 185 right down to 29521.
According to marketplace professionals, the autumn in gold selling prices was generally as a result of weak pattern abroad where by the metal tanked into a seven-week minimal soon after potent US production info firmed the dollar and eroded charm on the precious metal being a safe haven.
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