Gold futures fall on weak global cues
12/03/2018
Gold futures fall on weak global cues
12/03/2018 15:24
Gold prices were down in futures trade today after participants cut positions amid a weak global trend.
Analysts said offloading of positions by traders following a weak trend overseas as the dollar held steady after data showed the US economy added a larger-than-expected number of jobs in February influenced gold prices in futures trade.
At the MCX, gold futures for April 2018 contract ended at Rs 30321 per 10 grams, down by 0.26 per cent, after opening at Rs 30403 against a previous close of Rs 30401. It touched the intra-day high of Rs 30315 (at 15:28).
12/03/2018
Commodity Segment
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
Gold futures fall on weak global cues
12/03/2018 15:24
Gold prices were down in futures trade today after participants cut positions amid a weak global trend.
Analysts said offloading of positions by traders following a weak trend overseas as the dollar held steady after data showed the US economy added a larger-than-expected number of jobs in February influenced gold prices in futures trade.
At the MCX, gold futures for April 2018 contract ended at Rs 30321 per 10 grams, down by 0.26 per cent, after opening at Rs 30403 against a previous close of Rs 30401. It touched the intra-day high of Rs 30315 (at 15:28).
