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What s hurting iron ore prices and what s in it for Indian steelmakers? | Hellenic Shipping News Worldwide

What s hurting iron ore prices and what s in it for Indian steelmakers? | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Gold price today: Yellow metal trades lower, experts say buy on dips for target of Rs 48,000

Gold price today: Yellow metal trades lower, experts say buy on dips for target of Rs 48,000 Kshitij Anand © Arun Sreenivasan Gold price today: Yellow metal trades lower, experts say buy on dips for target of Rs 48,000 Gold was trading lower in the Indian market on May 12 following muted trends in international spot prices as a rise in the US treasury yields and a firmer dollar dented the metal s safe-haven appeal. On the Multi-Commodity Exchange (MCX), June gold contracts were trading lower by 0.65 percent at Rs 47,640 for 10 grams at 0935 hours. July silver futures were trading 0.47 percent higher at Rs 71,882 a kilogram.

Gold Price Today, April 30: Gold Trades Marginally Lower, Silver Edges Higher On MCX

Spot gold edged 0.3 per cent lower to $1,776 per ounce. Gold and Silver Price Today: Gold futures prices fell marginally on the Multi Commodity Exchange while silver futures edged marginally higher on Friday. Gold future for delivery of June 4 was unchanged at Rs 46,726 per 10 grams. It touched high of Rs 46,743 and low of 46,620. In the spot market, fine gold was sold at Rs 46,930 per 10 grams on April 29, according to India Bullion and Jewellers Association s (IBJA) tweet. Gold for 22 carat was sold at Rs 45,330 per 10 gram, 18 carat was sld at Rs 37,540 per 10 gram and 14 carat gold was sold at Rs 31,210 per gram.

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