Gold up on trade dispute worries : 07/09/2018
Gold up on trade dispute worries
07/09/2018 07:19
Gold futures closed higher in the domestic market on Thursday despite dollar index stabilizing following a flurry of U.S. economic data. Worries about tariff disputes, notably between the U.S. and its longstanding Canadian counterparts and clashes between Washington and Beijing, with China tariffs set to kick in this week, have unsettled investors. The outlook for emerging-market economies also have fostered a recent spate of anxiety on Wall Street. At the MCX, gold futures for October 2018 contract ended at Rs 30563 per 10 grams, up by 0.82 per cent, after opening at Rs 30,400 against a previous close of Rs 30,315. It touched the intra-day high of Rs 30,700.
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Gold up on trade dispute worries
07/09/2018 07:19
Gold futures closed higher in the domestic market on Thursday despite dollar index stabilizing following a flurry of U.S. economic data. Worries about tariff disputes, notably between the U.S. and its longstanding Canadian counterparts and clashes between Washington and Beijing, with China tariffs set to kick in this week, have unsettled investors. The outlook for emerging-market economies also have fostered a recent spate of anxiety on Wall Street. At the MCX, gold futures for October 2018 contract ended at Rs 30563 per 10 grams, up by 0.82 per cent, after opening at Rs 30,400 against a previous close of Rs 30,315. It touched the intra-day high of Rs 30,700.
