Gold down on rise in global stock
25/07/2018
Gold down on rise in global stock
25/07/2018 07:39
Gold futures closed lower in the domestic market on Tuesday as a rise in global stocks, perceived as risk assets, offset a slightly weaker dollar. The greenback had seen a bout of weakness at the end of last week when President Donald Trump complained about Federal Reserve interest-rate hikes and a strong home currency. At the MCX, gold futures for August 2018 contract ended at Rs 29850 per 10 grams, down by 0.07 per cent, after opening at Rs 29,845 against a previous close of Rs 29,872. It touched the intra-day low of Rs 29,731.
25/07/2018
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Gold down on rise in global stock
25/07/2018 07:39
Gold futures closed lower in the domestic market on Tuesday as a rise in global stocks, perceived as risk assets, offset a slightly weaker dollar. The greenback had seen a bout of weakness at the end of last week when President Donald Trump complained about Federal Reserve interest-rate hikes and a strong home currency. At the MCX, gold futures for August 2018 contract ended at Rs 29850 per 10 grams, down by 0.07 per cent, after opening at Rs 29,845 against a previous close of Rs 29,872. It touched the intra-day low of Rs 29,731.
