For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Gold Futures up in trade as stimulus tapering fears ease

|
Gold Futures up in trade as stimulus tapering fears ease
Gold Futures were trading higher on the MCX with Gold for July delivery trading higher by Rs 12 at Rs 27,572.
 

Silver prices on the other hand fell with Silver for September delivery trading at Rs 42,004, down Rs 230 on the MCX.

Gold prices rallied in trade in the international markets after weak housing data renewed expectations that the Federal Reserve would not taper its QE Bond buying programme.

International gold prices have now rallied to fresh one month highs. According to a Reuters report Gold has recovered nearly $160 from a three-year low of $1,180.71 an ounce, hit on June 28, after the U.S. Federal Reserve said it would only start phasing out its stimulus once it is sure the economy is strong enough to stand on its own.

GoodReturns.in

Read more about: gold futures
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC

We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more