Gold rises on US-China trade war worries : 18/09/2018

Gold rises on US-China trade war worries : 18/09/2018


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Gold rises on US-China trade war worries
18/09/2018 03:52
Gold futures closed higher in the domestic market on Monday as investors questioned the dollar rally’s near-term durability, offering a demand boost for the dollar-priced precious metal. Gold also gained as U.S. stocks traded lower, weighed down after a streak of gains on U.S.-China trade worries. At the MCX, gold futures for October 2018 contract ended at Rs 30778 per 10 grams, up by 1.12 per cent, after opening at Rs 30,558 against a previous close of Rs 30,436. It touched the intra-day high of Rs 30,800.