Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.
10,813.00-190.5
Stock Analysis, IPO, Mutual Funds, Bonds & More

Gold Rate Today: Gold falls amid rising equities and strong dollar

SPDR Gold Holdings said its holdings fell 0.10 per cent to 843.41 tonnes on Friday.

ETMarkets.com|
Aug 19, 2019, 12.57 PM IST
0Comments
Reuters
Gold-1---Reuters
Spot gold was down 0.3% at $1,509.13 per ounce at 0354 GMT.

Commodity Summary
MCX

GOLD
NEW DELHI: Gold prices declined in futures trade on Monday following gains in equity markets and a stronger dollar.

Global markets were trading higher as hopes of more stimulus from central banks around the world soothed investors’ fears of a sharp global economic slump.

Globally, yellow metal prices dipped due to a stronger US dollar and a recovery in equities. The gold prices had touched all-time high last week, however, it fell 0.3 per cent to $1,518.70 an ounce.

Gold Rates - Spot & Futures (.995 purity) (MCX)



SPDR Gold Holdings said its holdings fell 0.10 per cent to 843.41 tonnes on Friday.

Spot gold was down 0.3% at $1,509.13 per ounce at 0354 GMT.

Around 11.00 am, MCX Gold traded at Rs 37,430 per 10 gm.

Silver prices also slipped to Rs 43,531 per kg today.
0Comments

Also Read

Gold Rate Today: Gold declines on uptick in equities

Gold Rate Today: Gold, silver down on profit-booking

Gold Rate Today: Gold futures weaken on spot demand

Gold Rate Today: Gold prices fall on ease in trade war fears

Gold Rate Today: Gold prices fall on rise in risk appetite

Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service