Gold slips Rs 100 to Rs 38,570 on muted demand, weak overseas trend

Gold is trading at Rs 38,570 per 10 gram in the national capital, tracking weak trend overseas and lacklustre demand from jewellers.

Gold discounts at three-year peak after import duty increase

Gold futures jumped more than 2 per cent following the budget announcement to hit a record high of 35,100 rupees per 10 grams.

Gold is trading at Rs 31,938 per 10 gram as traders raised bets amid positive cues from domestic markets.

In the national capital gold of 99.99 and 99.5 per cent purity rallied by Rs 125 each.

Spot gold was down 0.1 per cent at $1,245.61 an ounce, as of 0347 GMT.

Gold is trading at Rs 31,401 per 10 grams in futures trade as participants scaled down their positions.

Gold is trading at Rs 31,750 per 10 grams at the bullion market owing to easing demand from local jewellers.

Gold is trading at Rs 29,164 per 10 grams as speculators raised bets, tracking a firming trend overseas.

Gold is trading at 29,034 per 10 grams in futures trade on Thursday as speculators created fresh positions.

Gold rose for a second straight week last week and closed above its 200-day moving average.