Yellow metal dips on strengthening dollar 04/05/2017

Yellow metal dips on strengthening dollar
04/05/2017

Gold futures were trading lower during afternoon trade in the domestic market on Thursday as investors and speculators exited their positions in the precious metal on diminishing safe-haven demand as risk appetite return back to the markets and the greenback remained firm after the outcome of the US Federal Reserve's two-day policy meeting.At the MCX, gold futures for June 2017 contract is trading at Rs 28177 per 10 grams, down by 1.04 per cent, after opening at Rs 28371, against a previous close of Rs 28472. It touched the intra-day low of Rs 28155 (at 13:05 hours).

**************************************************************************

Today Other Postings - Click the below link

Currency Segment

Click Here : Free Currency Charts Live
Indian Currency Support and Resistance Level : 04.05.2017
Currency Hedging Guide for Importer and Exporter : 04.05.2017

Equity Cash/Futures/Options Segment

Click Here : Free Nifty Intraday Chart Live
Nifty Stocks Support and Resistance Level : 04.05.2017
Free Nifty Option Tips : 04.05.2017
Free Banknifty Option Tips : 04.05.2017