Sensex
81,796.15 profit arw 677.55 (0.84%)
Nifty
24,946.50 profit arw 227.90 (0.92%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 07-May-2024
Other Markets - Bullion Markets
07-May-2024     13:01

Gold sees mixed moves after recovering from one month low

Gold futures saw a good bounce in last session as bargain buying stayed in place following recent losses. The COMEX Gold futures spiked around 1%, adding to gains after testing one month low in last week. The metal currently trades at $2327 per ounce, down 0.16% on the day as Hamas accepting Egyptian-Qatari cease-fire proposal is capping upmove in the commodity. MCX Gold futures spiked 0.98% in last session with a massive 28% drop in volume. The counter currently trades at Rs 71240 per 10 grams, down 0.18% on the day. Gold demand from China remains steadfast. According to the China Gold Association, gold consumption in the country saw a 6% spurt in the first quarter compared to the same period last year. This growth follows a 9% spike recorded in the year 2023.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

81,796.15 677.55 (0.84%)

Nifty

24,946.50 227.90 (0.92%)

GLOBAL INDICES

USD

85.75 0.06 (0.95%)

NASDAQ
HANG SENG

24,061.00 168.43(0.70%)