- Commodity updates, Gold adding few gains today
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Commodity updates, Gold adding few gains today
Gold edged high, contributing more gains from the previous trading session, as weakness in the US dollar and equities helped the metal regain some losses from a United States interest rate lift previous week. Concerns that requirement for non-interest-paying bullion will take a hit from the rate increase continue to cast a shadow, and going to limit any rally in gold. Spot gold had mark off up 0.3 per-cent to USD 1,069 an ounce by 0339 GMT.
Read More : Commodity tips
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The price of gold see sawed with the movement of local currency rupee may open on positive path move toward the range of 25300-25500 on MCX.
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