Market move▼ Bearish for MCX
Gold falls nearly 1% to ₹1,49,370 per 10 grams on MCX
The brief
- December gold futures fell ₹1,020 to ₹1,49,370 per 10 grams
- Gold had fallen ₹2,887, or 2%, last week
- Lower bullion prices may pressure gold-linked businesses, including Shanti Gold International
- SEBI and market institutions tease a new investor-focused initiative
- Gold Loses Shine: Yellow Metal Prices Fall By Over Rs 3,000 To Below Rs 1,50,000