Gold rises on geopolitical tension 16/04/2018

Gold rises on geopolitical tension
16/04/2018


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Gold rises on geopolitical tension
16/04/2018 00:07
Gold futures closed higher in the domestic market on Friday as U.S. tensions with Russia and China fed the precious metal’s investment appeal, sending prices up for a second straight week. Safe haven demand picked up with situation in Syria coming to decision point and into the weekend for the Trump administration. At the MCX, gold futures for June 2018 contract ended at Rs 31113 per 10 grams, up by 0.36 per cent, after opening at Rs 31,031 against a previous close of Rs 31,002. It touched the intra-day high of Rs 31,185.