Gold edges up on firm global cues
02/01/2018
Gold edges up on firm global cues
02/01/2018 12:29
Gold prices went up in the domestic market on Tuesday as speculators raised their bets, tracking a firm trend overseas.
Analysts said speculators widened their bets tracking a firm global trend as weakness in dollar boosted safe haven demand. Globally, gold inched up 0.29 per cent to $1,306.30 an ounce in Singapore.
At the MCX, gold futures for February 2018 contract is trading at Rs 29186 per 10 grams, up by 0.22 per cent, after opening at Rs 29150, against a previous close of Rs 29123. It touched the intra-day high of Rs 29196 (at 12:34 hours).
02/01/2018
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Gold edges up on firm global cues
02/01/2018 12:29
Gold prices went up in the domestic market on Tuesday as speculators raised their bets, tracking a firm trend overseas.
Analysts said speculators widened their bets tracking a firm global trend as weakness in dollar boosted safe haven demand. Globally, gold inched up 0.29 per cent to $1,306.30 an ounce in Singapore.
At the MCX, gold futures for February 2018 contract is trading at Rs 29186 per 10 grams, up by 0.22 per cent, after opening at Rs 29150, against a previous close of Rs 29123. It touched the intra-day high of Rs 29196 (at 12:34 hours).
