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Gold slips by Rs 108, suffers worst fall since October

Gold slips by Rs 108, suffers worst fall since October

Friday, March 10, 2017, 11:57 AM

Gold for delivery in April, was trading lower by Rs 108, at Rs 28,338 per 10 grams, in a business turnover of 516 lots, at the Multi Commodity Exchange. The precious metal is seen sliding toward $1,200 an ounce, the longest losing streak since October, as positive US economic figures, reinforce expectations that yields on other investments will rise this year.
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