Gold rises on Trump uncertainty
28/02/2017 08:33
Gold futures closed higher in the domestic market on Monday with uncertainty ahead of President Donald Trump’s address to Congress Tuesday evening helping to boost the metal’s appeal as a haven investment. Prices for the shiny yellow commodity logged their highest finish in more than 3« months Monday after notching a fourth-straight weekly gain. At the MCX, gold futures for April 2017 contract ended at Rs 29690 per 10 grams, up by 0.23 per cent, after opening at Rs 29,587 against a previous close of Rs 29,623. It touched the intra-day high of Rs 29,785.
28/02/2017 08:33
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Gold futures closed higher in the domestic market on Monday with uncertainty ahead of President Donald Trump’s address to Congress Tuesday evening helping to boost the metal’s appeal as a haven investment. Prices for the shiny yellow commodity logged their highest finish in more than 3« months Monday after notching a fourth-straight weekly gain. At the MCX, gold futures for April 2017 contract ended at Rs 29690 per 10 grams, up by 0.23 per cent, after opening at Rs 29,587 against a previous close of Rs 29,623. It touched the intra-day high of Rs 29,785.