Gold dips on US economic growth
01/03/2017 08:39
Gold futures closed higher in the domestic market on Tuesday after a report showed growth in the U.S. economy in the final quarter. Safety demand recently lifted gold to its highest prices since November as concerns about geopolitics and President Donald Trump’s ability to enact economy-growing tax policies. At the MCX, gold futures for April 2017 contract ended at Rs 29536 per 10 grams, down by 0.59 per cent, after opening at Rs 29,650 against a previous close of Rs 29,710. It touched the intra-day low of Rs 29,500.
01/03/2017 08:39
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Gold futures closed higher in the domestic market on Tuesday after a report showed growth in the U.S. economy in the final quarter. Safety demand recently lifted gold to its highest prices since November as concerns about geopolitics and President Donald Trump’s ability to enact economy-growing tax policies. At the MCX, gold futures for April 2017 contract ended at Rs 29536 per 10 grams, down by 0.59 per cent, after opening at Rs 29,650 against a previous close of Rs 29,710. It touched the intra-day low of Rs 29,500.
