Gold rises as US dollar dips 19/07/2018

Gold rises as US dollar dips
19/07/2018


Commodity Segment 


 Free Intraday Tips : Join Our Whatsapp No : 9841986753
  Free Commodity Tips : Join our Whatsapp No : 9094047040

Gold rises as US dollar dips
19/07/2018 07:38
Gold futures closed higher in the domestic market on Wednesday as a benchmark dollar index eased back toward session lows, allowing the yellow metal to avoid a finish in correction territory. The bulk of overall losses for gold have come as the U.S. dollar has enjoyed a strengthening trend that has decidedly weighed on commodities priced in the currency. At the MCX, gold futures for August 2018 contract ended at Rs 29747 per 10 grams, up by 0.06 per cent, after opening at Rs 29,751 against a previous close of Rs 29,729. It touched the intra-day high of Rs 29,780.