Gold prices declined by Rs 150 to Rs 29,650 per 10 grams on Monday, mirroring a lifeless trend overseas amid slack demand from jewellers at prevailing higher levels.
Symbol: GOLD| Contract: Aug, 2016| Category: Bullion
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Gold eased more than 1 per cent on Monday, extending its slide from a near two-year peak hit last week, as polls ahead of a referendum showed Britain could opt to remain in the European Union.
Marketmen said apart from a firm trend overseas, fresh purchases by jewellers at domestic spot market mainly attributed recovery in the precious metals prices.
Investors in gold bond scheme should be happy today. These bonds earlier this week made their debut on stock exchanges.
The management of Tirupati Balaji Temple in Andhra Pradesh has said it will look for banks that offer highest interest rates for its gold available for investment.
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