Gold dips on strength in US dollar 23/04/2018

Gold dips on strength in US dollar
23/04/2018


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Gold dips on strength in US dollar
23/04/2018 07:31
Gold futures closed lower in the domestic market on Friday as strength in the dollar and gains in Treasury yields sent prices for the metal lower for the week. Gold prices declined as easing geopolitical tensions and expectations of higher U.S interest rates dented appetite for the yellow metal. At the MCX, gold futures for June 2018 contract ended at Rs 31450 per 10 grams, down by 0.47 per cent, after opening at Rs 31,522 against a previous close of Rs 31,598. It touched the intra-day low of Rs 31,396.