Gold, silver trade weak on global cues-Star India Market Research
Gold and silver were trading lower in
morning trade on Monday following subdued demand of precious metals from
jewellers, industries and retailers amid hopes of hike in interest rates by the
US Fed this week.
Gold Rates - Spot & Futures (.995
purity)
Gold Spot Price Rs/10 grms - 30299.0
Gold Future Price Rs/10 grms Expiry: 05-Apr-2018 - 30128.0
MCX Gold futures were down 0.17 per cent at
Rs 30,172 per 10 gram at around 10.55 am (IST), while MCX Silver futures were
down 0.25 per cent at Rs 38,263 at around the same time.
SPDR Gold Trust GLD, the world’s largest
gold-backed exchange-traded fund, said its latest holdings stood at 838.15
tonnes and remained unchanged from previous business day.
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