Gold rises as US dollar dips
27/08/2018
Gold rises as US dollar dips
27/08/2018 07.20
Gold futures closed higher in the domestic market on Friday as the U.S. dollar extended losses in the wake of a closely followed speech from Federal Reserve Chairman Jerome Powell. The U.S. dollar weakened sharply, providing support for dollar-denominated gold prices. At the MCX, gold futures for October 2018 contract ended at Rs 29889 per 10 grams, up by 0.95 per cent, after opening at Rs 29,600 against a previous close of Rs 29,608. It touched the intra-day high of Rs 29,967.
27/08/2018
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Gold rises as US dollar dips
27/08/2018 07.20
Gold futures closed higher in the domestic market on Friday as the U.S. dollar extended losses in the wake of a closely followed speech from Federal Reserve Chairman Jerome Powell. The U.S. dollar weakened sharply, providing support for dollar-denominated gold prices. At the MCX, gold futures for October 2018 contract ended at Rs 29889 per 10 grams, up by 0.95 per cent, after opening at Rs 29,600 against a previous close of Rs 29,608. It touched the intra-day high of Rs 29,967.
