Gold down as trade war concerns ease
02/04/2018
Gold down as trade war concerns ease
02/04/2018 00:09
Gold futures closed lower in the domestic market on Thursday as concerns over a potential global trade war continued to ease and benchmark U.S. stock indexes strengthened, dulling haven-related demand for the precious metal. Gold’s recent declines follow a stronger-than-expected final reading of economic growth on Wednesday and some upbeat data Thursday. At the MCX, gold futures for April 2018 contract ended at Rs 30407 per 10 grams, down by 0.37 per cent, after opening at Rs 30,546 against a previous close of Rs 30,521. It touched the intra-day low of Rs 30,378.
02/04/2018
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Gold down as trade war concerns ease
02/04/2018 00:09
Gold futures closed lower in the domestic market on Thursday as concerns over a potential global trade war continued to ease and benchmark U.S. stock indexes strengthened, dulling haven-related demand for the precious metal. Gold’s recent declines follow a stronger-than-expected final reading of economic growth on Wednesday and some upbeat data Thursday. At the MCX, gold futures for April 2018 contract ended at Rs 30407 per 10 grams, down by 0.37 per cent, after opening at Rs 30,546 against a previous close of Rs 30,521. It touched the intra-day low of Rs 30,378.
