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Gold hits 23-month low at Rs 25,650 on weak global cues
Mumbai,
June
28:
Gold
prices
today
tumbled
to
a
23-month
low
by
losing
Rs
1,150
to
Rs
25,650
per
10
grams
in
the
national
capital
on
heavy
selling
by
stockists
and
investors,
triggered
by
a
steep
fall
in
overseas
markets.
All round selling by stockists on free-fall in overseas markets and investors shifting their funds to surging equities mainly pulled down the gold prices to a level last seen on August 9,2011.
PTI
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