Gold rises on weaker dollar
01/02/2018
Gold rises on weaker dollar
01/02/2018 07:43
Gold futures closed higher in the domestic market on Wednesday helped by a slightly weaker dollar index even as stocks reclaimed a portion of the sharp declines that marked the start to the week. Gold, which is priced in dollars, often trades inversely with the dollar, as moves in the U.S. unit can influence the attractiveness of the precious metal to holders of other currencies. At the MCX, gold futures for February 2018 contract ended at Rs 30090 per 10 grams, up by 0.13 per cent, after opening at Rs 30,069 against a previous close of Rs 30,052. It touched the intra-day high of Rs 30,167.
01/02/2018
Commodity Segment
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
Gold rises on weaker dollar
01/02/2018 07:43
Gold futures closed higher in the domestic market on Wednesday helped by a slightly weaker dollar index even as stocks reclaimed a portion of the sharp declines that marked the start to the week. Gold, which is priced in dollars, often trades inversely with the dollar, as moves in the U.S. unit can influence the attractiveness of the precious metal to holders of other currencies. At the MCX, gold futures for February 2018 contract ended at Rs 30090 per 10 grams, up by 0.13 per cent, after opening at Rs 30,069 against a previous close of Rs 30,052. It touched the intra-day high of Rs 30,167.
