Gold snaps 5-day winning run, slips marginally to Rs 80,580 per 10 gm

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Gold snaps 5-day winning run, slips marginally to Rs 80,580 per 10 gm - Business Standard

Quick Summary:

Gold prices slipped Rs 80 to Rs 80,580 per 10 grams, bringing an end to its five-day winning streak in the national capital on Tuesday amid a weak global trend, according to the All India Sarafa Association.

Additionally, gold contracts for February delivery fell Rs 16 to Rs 78,150 per 10 grams in the futures trade on the Multi Commodity Exchange (MCX).

The white metal settled at Rs 93,000 per kg in the previous session.The price of gold of 99.5 per cent purity fell Rs 80 to Rs 80,180 per 10 grams from the previous close of Rs 80,260 per 10 grams.