Gold Futures Rise 0.22% On Positive Global Cues

Tracking a firm trend overseas, gold prices moved up by 0.22 percent to Rs 31,197 per 10 gram in futures trade today as traders indulged in creating fresh positions.

At the Multi Commodity Exchange, gold for delivery in far-month December rose by Rs 67, or 0.22 percent, to Rs 31,197 per 10 gram in a business turnover of 55 lots.

  Gold on MCX settled down -0.38% at 30928 dropped amid speculation that Fed Chair Janet Yellen will echo hawkish remarks from her colleagues. 

 

Traders considered some upbeat U.S. economic data, after reporting a steep drop in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Thursday showing that durable goods orders rebounded by more than expected in the month of July We are provide all,Agri Commodity Market Tips,nse bse tips, and you can call us on :-9827808090.

You May Also Like

0 comments

Note: only a member of this blog may post a comment.