Gold rises as dollar weakens
14/02/2018
Gold rises as dollar weakens
14/02/2018 07:44
Gold futures closed higher in the domestic market on Tuesday as the dollar weakened and demand for gold tagged along with buying of the haven Japanese yen and Swiss franc. Gold, which is priced in dollars, often trades inversely with the dollar, as moves in the U.S. unit can influence the attractiveness of the precious metal to holders of other currencies. At the MCX, gold futures for April 2018 contract ended at Rs 30233 per 10 grams, up by 0.27 per cent, after opening at Rs 30,200 against a previous close of Rs 30,152. It touched the intra-day high of Rs 30,250.
14/02/2018
Commodity Segment
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
Gold rises as dollar weakens
14/02/2018 07:44
Gold futures closed higher in the domestic market on Tuesday as the dollar weakened and demand for gold tagged along with buying of the haven Japanese yen and Swiss franc. Gold, which is priced in dollars, often trades inversely with the dollar, as moves in the U.S. unit can influence the attractiveness of the precious metal to holders of other currencies. At the MCX, gold futures for April 2018 contract ended at Rs 30233 per 10 grams, up by 0.27 per cent, after opening at Rs 30,200 against a previous close of Rs 30,152. It touched the intra-day high of Rs 30,250.
