Weighty Selling Hurts Gold, MCX Futures crack below Rs 26K
COMEX Gold futures tumbled to new 4 month lows as a bob in
yesterday's electronic session neglected to enthuse merchants much in
the midst of persistent selling weight in the yellow metal. The
commodity saw monstrous losses post nonfarm payrolls on Friday and the
sentiments keep on being bearish. Gold futures for April release fallen
about 3 Per cent to nearby at their 4th month low, removing all the
increases in the present year taking after healthy pour in US nonfarm
payrolls.
Weighty Selling Hurts Gold, MCX Futures crack below Rs 26K.yesterday's electronic session neglected to enthuse merchants much in
the midst of persistent selling weight in the yellow metal. The
commodity saw monstrous losses post nonfarm payrolls on Friday and the
sentiments keep on being bearish. Gold futures for April release fallen
about 3 Per cent to nearby at their 4th month low, removing all the
increases in the present year taking after healthy pour in US nonfarm
payrolls.
1:28 PM
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