Premium
This is an archive article published on March 24, 2010

Gold dips to Rs 16,598 per ten gram

Gold futures prices declined by Rs 44 to Rs 16,598 per ten gram as traders indulged in reducing their positions in tandem with a weakening global trend.

google-preferred-btn

Gold futures prices declined by Rs 44 to Rs 16,598 per ten gram as traders indulged in reducing their positions in tandem with a weakening global trend.

At the Multi Commodity Exchange counter,the gold for far-month August contract declined by Rs 44,or 0.26 per cent,to Rs 16,598 per ten gram with an open interest of 456 lots.

The metal for delivery in April traded marginally lower by Rs 12,or 0.07 per cent to Rs 16,433 per ten gram in 13,972 lots.

Marketmen said fresh offloading by speculators in tandem with a weakening global trend led to fall in gold prices at futures market.

Meanwhile,gold fell by 0.50 per cent to USD 1,099.50 an ounce in Asian region.

 

Latest Comment
Post Comment
Read Comments
Advertisement
Live Blog
PHOTOS
In pics: From concept supercars to electronic SUV's: Bharat Mobility Global Expo 2025 was all about innovation
In Pics: From Concept Supercars to Electric SUVs – Innovation at Bharat Mobility Global Expo 2025
Top Stories
The tensions flared after the protestors on hunger strike were taken away from their protest strike in Phelangpi earlier Monday.
Eviction demand turns violent in Assam’s West Karbi Anglong, mob sets BJP leader’s ancestral home on fire
In counter move, Bangladesh puts visa ops on hold in India
In counter move, Bangladesh puts visa operations on hold in India
Looking Back at 2025 dhurandhar, Chhaava, homebound n
Shubhra Gupta looks back at 2025: The year of Dhurandhar, marked by heightened nationalism, and the return of Spoilt Man Child
When Mohanlal and Priyadarshan announced that they were joining forces yet again and that too for an epic historical movie like Kaalapani, expectations were sky-high.
Mohanlal and Priyadarshan's most expensive film won 3 National Awards before release, but grossed less than half its budget
The Canadian man also noted that Indiranagar is still relatively better off than many other areas (Image source: @caleb_friesen/Instagram)
Canadian living in India criticises Bengaluru footpath, shares video of his son navigating broken pavement: ‘Sad and scary'
According to the driver, the men refused to pay for professional cleaning and offered him only S$10 as compensation
Indian passengers vomit in Singapore cab, make driver clean up: ‘smell of undigested curry and alcohol’
Hikaru Nakamura Interview
Hikaru Nakamura interview: 'Studying chess 10 hours a day is nonsense... it's outdated'
BCCI increases domestic match fee for women cricketers
BCCI increases domestic match fee for women cricketers
`The Indian use of the English language has afforded India global prominence. It is, after all, also an Indian language.
Not English, neglect of rich bhashas is the problem
Bangladesh
A bird’s eye view of the violence in Bangladesh: Who stands to gain, who loses
One of the most important shifts this year has been how ageing is understood not just as an inevitable biological decline, but as something profoundly influenced by behavioural choices throughout life. 
Why 2025 was the year we finally talked honestly about ageing
Tech layoffs in 2025
Tech layoffs in 2025: How AI emerged as a clear(er) driver of job cuts
Advertisement
Must Read
Hikaru Nakamura interview: 'Studying chess 10 hours a day is nonsense... it's outdated'
Hikaru Nakamura Interview
BCCI increases domestic match fee for women cricketers
BCCI increases domestic match fee for women cricketers
Suryakumar Yadav, Shivam Dube set to play two Vijay Hazare Trophy matches for Mumbai
Suryakumar
Tech layoffs in 2025: How AI emerged as a clear(er) driver of job cuts
Tech layoffs in 2025
Is your smartphone infected with malware? What to do and how to remove it
malware
OpenAI adds new controls to ChatGPT: How to adjust warmth, enthusiasm levels
ChatGPT
Why 2025 was the year we finally talked honestly about ageing
One of the most important shifts this year has been how ageing is understood not just as an inevitable biological decline, but as something profoundly influenced by behavioural choices throughout life. 
Advertisement
Buzzing Now
Canadian living in India criticises Bengaluru footpath, shares video of his son navigating broken pavement: ‘Sad and scary'
The Canadian man also noted that Indiranagar is still relatively better off than many other areas (Image source: @caleb_friesen/Instagram)
Indian passengers vomit in Singapore cab, make driver clean up: ‘smell of undigested curry and alcohol’
According to the driver, the men refused to pay for professional cleaning and offered him only S$10 as compensation
Woman finds Christian Louboutin purse worth Rs 1.4 lakh while picking up garbage in wealthy neighbourhood; video goes viral
In the viral video, she expresses her curiosity as she spots several items near the trash bins
As Chillai Kalan turns Kashmir white, breathtaking videos of snow-laden Gulmarg emerge: Watch the best clips here
As the Valley turned into a winter wonderland like every year, several videos capturing breathtaking sights from Gulmarg and other areas emerged on the Internet
Elderly women bikers complete high-altitude rise to Nathula Pass, share challenging experience in video: 'history in motion'
Throughout the expedition, the women braved harsh terrain, extreme weather, physical exhaustion, and the demands of riding at high altitude
Dec 22: Latest News
Advertisement