Gold trades in red on profit booking
01/08/2017
Gold futures were trading in the red in the domestic market on Tuesday as market participants lowered their bets, tracking a weak trend overseas. Besides, profit—booking by speculators after recent gains weighed on the prices.Analysts said that besides a weakening trend overseas, profit-booking by speculators at higher levels mainly had a bearing.At the MCX, gold futures for August 2017 contract is trading at Rs 28455 per 10 grams, down by 0.36 per cent, after opening at Rs 28521, against a previous close of Rs 28557. It touched the intra-day high of Rs 28455 (at 12:56 hours).
01/08/2017
CLICK HERE
Gold futures were trading in the red in the domestic market on Tuesday as market participants lowered their bets, tracking a weak trend overseas. Besides, profit—booking by speculators after recent gains weighed on the prices.Analysts said that besides a weakening trend overseas, profit-booking by speculators at higher levels mainly had a bearing.At the MCX, gold futures for August 2017 contract is trading at Rs 28455 per 10 grams, down by 0.36 per cent, after opening at Rs 28521, against a previous close of Rs 28557. It touched the intra-day high of Rs 28455 (at 12:56 hours).
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
