Gold rises on pull back in Treasury yields
27/02/2018
Gold rises on pull back in Treasury yields
27/02/2018 07:33
Gold futures closed higher in the domestic market on Monday on the back of a more steady U.S. dollar and a pull back in Treasury yields ahead of a busy week for appearances by Federal Reserve officials. Data released on Monday showed new U.S. home sales in January dropped by 7.8% also providing support for gold. At the MCX, gold futures for April 2018 contract ended at Rs 30524 per 10 grams, up by 0.05 per cent, after opening at Rs 30,526 against a previous close of Rs 30,509. It touched the intra-day high of Rs 30,644.
27/02/2018
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Gold rises on pull back in Treasury yields
27/02/2018 07:33
Gold futures closed higher in the domestic market on Monday on the back of a more steady U.S. dollar and a pull back in Treasury yields ahead of a busy week for appearances by Federal Reserve officials. Data released on Monday showed new U.S. home sales in January dropped by 7.8% also providing support for gold. At the MCX, gold futures for April 2018 contract ended at Rs 30524 per 10 grams, up by 0.05 per cent, after opening at Rs 30,526 against a previous close of Rs 30,509. It touched the intra-day high of Rs 30,644.
