Gold down on rising dollar
22/02/2018
Gold down on rising dollar
22/02/2018 07:35
Gold futures closed lower in the domestic market on Wednesday against a backdrop of a strengthening dollar and stabilizing equities. A weaker dollar can boost commodities priced in dollars, because it makes them cheaper to buy for holders of other currencies. At the MCX, gold futures for April 2018 contract ended at Rs 30493 per 10 grams, down by 0.13 per cent, after opening at Rs 30,451 against a previous close of Rs 30,532. It touched the intra-day low of Rs 30,387.
22/02/2018
Commodity Segment
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
Gold down on rising dollar
22/02/2018 07:35
Gold futures closed lower in the domestic market on Wednesday against a backdrop of a strengthening dollar and stabilizing equities. A weaker dollar can boost commodities priced in dollars, because it makes them cheaper to buy for holders of other currencies. At the MCX, gold futures for April 2018 contract ended at Rs 30493 per 10 grams, down by 0.13 per cent, after opening at Rs 30,451 against a previous close of Rs 30,532. It touched the intra-day low of Rs 30,387.
