Gold flat despite strengthening dollar
22/02/2017 08:32
Gold futures closed flat in the domestic market on Tuesday as the commodity pared an earlier loss in the session, even as U.S. equities resumed their record run and the dollar strengthened. Some market participants attributed gold’s improved trading level to recent polls that were showing far-right presidential candidate, Marine Le Pen, widening her lead ahead of France’s coming election. At the MCX, gold futures for April 2017 contract ended at Rs 29303 per 10 grams, down by 0.00 per cent, after opening at Rs 29,202 against a previous close of Rs 29,303. It touched the intra-day low of Rs 29,075.
22/02/2017 08:32
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