Gold Prices Flat At Rs 48,986/10 Gm, India Jewellery Demand Falls 42% In 2020
Gold prices flat at Rs 48,986/10 gm, India jewellery demand falls 42% in 2020 Gold holdings in SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund decreased by 3.2 tonnes to 1,169.16 tonnes on weaker investor interest. Source: Reuters Gold prices were steady at Rs 48,986 per 10 gram in the Mumbai retail market on rupee depreciation and negative global cues. The yellow metal traded weaker weighed down by a stronger dollar and broader sell-off across assets class amid global risk aversion. The rate of 10 gram 22-carat gold in Mumbai was Rs 44,871 plus 3 percent GST, while 24...