Gold rises on weaker dollar 11/04/2018

Gold rises on weaker dollar
11/04/2018


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Gold rises on weaker dollar
11/04/2018 07:27
Gold futures closed higher in the domestic market on Tuesday buoyed by a weaker U.S. dollar and uncertainty surrounding U.S. reaction to a possible chemical-weapons attack in Syria. Prices for the precious metal climbed even as global investors piled back into riskier assets, such as U.S. stocks, after comments out of China soothed trade-war fears. At the MCX, gold futures for June 2018 contract ended at Rs 30852 per 10 grams, up by 0.30 per cent, after opening at Rs 30,701 against a previous close of Rs 30,759. It touched the intra-day high of Rs 30,936.