Gold rises on declining dollar 31/10/2017


Gold rises on declining dollar
31/10/2017 07:49
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Gold futures closed higher in the domestic market on Monday finding some support from uncertainty surrounding the next U.S. Federal Reserve chief and as the highflying dollar cooled down. Attention remains on special counsel Robert Mueller’s election-meddling probe and any perceived setback from it to the tax-reform agenda that has helped stocks and the dollar could support gold. At the MCX, gold futures for December 2017 contract ended at Rs 29375 per 10 grams, up by 0.19 per cent, after opening at Rs 29,295 against a previous close of Rs 29,318. It touched the intra-day high of Rs 29,410.