NEW DELHI: Gold prices on Monday fell from record high by plunging Rs 1,575 to Rs 32,325 per 10 grams on profit-selling by stockists driven by recovery in rupee amid a weakening global trend.
Selling pressure emerged at existing higher levels as Gold climbed to Rs 33,900 after it touched Rs 34,500 per 10 grams intra-day on with its biggest ever gain of Rs 1,900 in the backdrop of the rupee hitting record low of 68.85 per dollar.
Besides the rupee recovering to 67.30, some retailers selling old scrap gold further influenced the trading sentiment, traders said.
0 comments:
Post a Comment