Gold rises on growing geopolitical ambiguity
12/04/2017 08:33
Gold futures closed higher in the domestic market on Tuesday as investors grew jittery over the impending French presidential election as well as U.S. relations with Russia and North Korea.
Growing tensions in Asia centered on North Korea’s recent missile tests and the Middle East, where the U.S. launched a pinprick airstrike in Syria late Thursday and has hinted at the potential for more actions, have investors on edge, a factor supportive to gold prices rising.
At the MCX, gold futures for June 2017 contract ended at Rs 29214 per 10 grams, up by 1.65 per cent, after opening at Rs 28,840 against a previous close of Rs 28,739. It touched the intra-day high of Rs 29,229.
12/04/2017 08:33
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Gold futures closed higher in the domestic market on Tuesday as investors grew jittery over the impending French presidential election as well as U.S. relations with Russia and North Korea.
Growing tensions in Asia centered on North Korea’s recent missile tests and the Middle East, where the U.S. launched a pinprick airstrike in Syria late Thursday and has hinted at the potential for more actions, have investors on edge, a factor supportive to gold prices rising.
At the MCX, gold futures for June 2017 contract ended at Rs 29214 per 10 grams, up by 1.65 per cent, after opening at Rs 28,840 against a previous close of Rs 28,739. It touched the intra-day high of Rs 29,229.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040