Gold prices in Mumbai hit a five-month low at Rs 8,800 (99.5) and Rs 8,850 (99.9) per 10 gram on Thursday following a decline in the global prices and falling demand in the domestic market.
Will gold touch the psychological barrier of $720? Investment funds are bullish but cautious.
Hindustan Copper, a public sector major, raised the provisional prices of its products across the board by 15 per cent following a similar rise witnessed in the benchmark London Metal Exchange prices.
The Multi Commodity Exchange of India has decided to start a one-year full-time certificate course on commodities in March this year in Mumbai.