In Mcx Market the average price of gold has eased by 3.2
percent on an annual basis to Rs 29,190 per 10 gm in 2013-14, Parliament was
informed today. In the current fiscal, gold price has come down to Rs 28,738/10
gm in May from Rs 29,329/10 gm in April.
Gold futures held steady on Friday, hovering
close to 3-1/2 month highs as concerns over Portugal's banking sector and the
Federal Reserve's latest meeting minutes continued to support. , gold for
August delivery traded at $1,338.20 a troy ounce during European afternoon
trade, down 0.07%.The August contract settled 1.13% higher on Thursday to end
at $1,339.2 a troy ounce.
Natural gas futures fell to six-month lows on Thursday after official data
revealed U.S. stockpiles rose more than expected last week. Natural gas futures
for delivery in August traded at $4.118 per million British thermal units
during U.S. trading, down 1.26%. The commodity hit a session high of $4.189 and
a low of $4.117.
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