Precious Metals
Gold futures fell by 1.39 per cent on Thursday at the domestic markets as a stronger dollar reduced the appeal of the bullion as an alternative asset.
Stronger dollar makes the precious metal expensive for those holding other currencies, thus reducing demand.
At the MCX, Gold futures for February 2015 contract was trading at Rs 26,822 per 10 gram, down by 1.39 per cent after opening at Rs 27,066, against the previous closing price of Rs 27,201.
It touched the intra- day low of Rs 26,814 till the trading. (At 11.46 AM).
D A I L Y B U Z Z
GOLDGold futures fell by 1.39 per cent on Thursday at the domestic markets as a stronger dollar reduced the appeal of the bullion as an alternative asset.
Stronger dollar makes the precious metal expensive for those holding other currencies, thus reducing demand.
At the MCX, Gold futures for February 2015 contract was trading at Rs 26,822 per 10 gram, down by 1.39 per cent after opening at Rs 27,066, against the previous closing price of Rs 27,201.
It touched the intra- day low of Rs 26,814 till the trading. (At 11.46 AM).
Research
Via
is a leading financial advisory provides free tips on Indian share
market like Stock
Options Tips, Stock
Option Tips, nifty
options calls, Nifty
Option Tips, Nifty
options tips, Equity
tips, mcx
Gold tips, Free
Ncdex Tips, comex
tips.
No comments:
Post a Comment