Today MCX GOLDM August contract was trading at Rs 27707 down Rs
35, or 0.13 percent. The GOLDM rate touched an intraday high of Rs 27728 and an
intraday low of Rs 27563. So far 4343 contracts have been traded. GOLDM prices
have moved down Rs 837, or 2.93 percent in the August series so far.
In Mcx Gold and silver futures were lower in
cautious trade on Thursday, as investors looked ahead to the U.S. nonfarm
payrolls report later in the day as well as a policy decision by the European
Central Bank. Gold for August
delivery shed 0.54%, or $7.20, to trade at $1,323.70 a troy ounce during
European morning hours. Prices held in a range between $1,320.70 and $1,328.40
an ounce. Gold ended Wednesday’s session up 0.32%, or $4.30, to settle at
$1,330.90.
Crude oil futures fell to three-week lows on Thursday, as
easing concerns over a disruption to supplies from Libya and Iraq weighed on
prices. Brent oil for August delivery slumped to a session low of $110.69 a
barrel, the weakest level since June 12, before trimming losses to last trade
at $110.75 during European morning hours, down 0.44%, or 49 cents.
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