Gold climbs on firm global cues, jewellers' buying
14/12/2017
Gold climbs on firm global cues, jewellers' buying
14/12/2017 15:10
Gold futures were up in the domestic market on Thursday largely in line with a firming trend overseas amid increased buying by local jewellers.
Traders said sentiment bolstered after gold edged higher in global markets as the dollar was nearly unchanged after tumbling in the previous session following the US Federal Reserve's widely expected decision to raise interest rates.
At the MCX, gold futures for February 2018 contract is trading at Rs 28352 per 10 grams, up by 0.56 per cent, after opening at Rs 28365, against a previous close of Rs 28195. It touched the intra-day high of Rs 28429 (at 15:15 hours).
14/12/2017
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Gold climbs on firm global cues, jewellers' buying
14/12/2017 15:10
Gold futures were up in the domestic market on Thursday largely in line with a firming trend overseas amid increased buying by local jewellers.
Traders said sentiment bolstered after gold edged higher in global markets as the dollar was nearly unchanged after tumbling in the previous session following the US Federal Reserve's widely expected decision to raise interest rates.
At the MCX, gold futures for February 2018 contract is trading at Rs 28352 per 10 grams, up by 0.56 per cent, after opening at Rs 28365, against a previous close of Rs 28195. It touched the intra-day high of Rs 28429 (at 15:15 hours).
