Mcx Gold stable below $1200, US Dollar close to 3 Week High against Euro
COMEX Gold is trading stable in Asia with humble increases rising
among bargain buying after a latest improvement which dragged the
commodity lower yesterday. Gold extensive its failures from close to 1
month highs as dealers eyed the latest FOMC meeting minutes. “Several”
Federal Reserve officials thought that the US central bank will be able
to raise notice duties in June, according to minutes from the March
meeting. Doubts over Indian demand also kept outlooks below test and
COMEX Gold futures broke below the $1200/ounce mark. However, the
outlooks are mostly calm today amid diverse outing in Stocks. The
counter is presently trading at $1195/ounce, up $1/ounce on the day. MCX
Gold futures for June are trading at Rs 26553/10 grams, up Rs 32/10
grams on the day.
among bargain buying after a latest improvement which dragged the
commodity lower yesterday. Gold extensive its failures from close to 1
month highs as dealers eyed the latest FOMC meeting minutes. “Several”
Federal Reserve officials thought that the US central bank will be able
to raise notice duties in June, according to minutes from the March
meeting. Doubts over Indian demand also kept outlooks below test and
COMEX Gold futures broke below the $1200/ounce mark. However, the
outlooks are mostly calm today amid diverse outing in Stocks. The
counter is presently trading at $1195/ounce, up $1/ounce on the day. MCX
Gold futures for June are trading at Rs 26553/10 grams, up Rs 32/10
grams on the day.
Mcx Gold stable below $1200, US Dollar close to 3 Week High against Euro
1:03 PM
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