MCX - Gold - 28.09.2016

MCX - Gold



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On Tuesday, spot gold prices declined by 0.78 percent to close at $1327.1 per ounce as the dollar and stocks gained ground on the view that Democratic U.S. presidential candidate Hillary Clinton got the
better of Republican rival Donald Trump in their first debate, denting the safe-haven appeal of bullion and bonds.Markets have tended to see Clinton as the candidate of the status quo, while few are sure what a Trump presidency might mean for U.S. foreign policy, trade or the domestic economy.
On the MCX, gold prices declined by 1.12 percent to close at Rs.30978 per 10 gms.