MCX Gold Market Up Date By Ripples Advisory

by - 9:40 am

Gold slipped from a five-week high and silver traded below its 11-month peak on Friday as the dollar strengthened against the euro, but the metals were headed for weekly gains buoyed by a rally commodities.

Read more at: http://www.moneycontrol.com/news/commodities/gold-silver-sliprecent-highsset-for-weekly-gains_6354141.html?utm_source=ref_article

Gold slipped from a five-week high and silver traded below its 11-month peak on Friday as the dollar strengthened against the euro, but the metals were headed for weekly gains buoyed by a rally commodities. 

Spot gold eased 0.2 percent to USD 1,246.20 an ounce by 0042 GMT. Gold hit a five-week high of USD 1,270.10 on Thursday, but pared some gains after the dollar regained ground versus the euro.

  www.ripplesadvisory.com

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