Gold up on US-China trade war worries : 19/09/2018
Gold up on US-China trade war worries
19/09/2018 07:26
Gold futures closed higher in the domestic market on Tuesday as investors questioned the dollar rally’s near-term durability, offering a demand boost for the dollar-priced precious metal. Metals for industrial use, tied to the fortunes of the powerful Chinese and U.S. economies, continued to move with sensitivity to the trade developments. At the MCX, gold futures for October 2018 contract ended at Rs 30785 per 10 grams, up by 0.03 per cent, after opening at Rs 30,707 against a previous close of Rs 30,776. It touched the intra-day high of Rs 30,928.
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Gold up on US-China trade war worries
19/09/2018 07:26
Gold futures closed higher in the domestic market on Tuesday as investors questioned the dollar rally’s near-term durability, offering a demand boost for the dollar-priced precious metal. Metals for industrial use, tied to the fortunes of the powerful Chinese and U.S. economies, continued to move with sensitivity to the trade developments. At the MCX, gold futures for October 2018 contract ended at Rs 30785 per 10 grams, up by 0.03 per cent, after opening at Rs 30,707 against a previous close of Rs 30,776. It touched the intra-day high of Rs 30,928.
