For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Gold trades flat ahead of Fed Minutes release

|

Gold was trading flat ahead of the release of the Minutes of the US Federal Reserve's earlier policy meeting today

Gold on the MCX was up by Rs 77 at Rs 30,390, while Silver on the MCX was up by Rs 188 at Rs 45,628.

In the international markets spot gold was little changed at $1,276 an ounce. Traders see the metal trading in a range and would await for direction from the Fed Minutes.

 

In fact, gold has been moving in a range for the last few trading sessions and is likely to end the year at the lowest level in 12 years. It has lost about a fifth of its value this year.

Investors have over the last few months preferred investing in equities as a risk on rally returns. Check gold rates here

GoodReturns.in

Read more about: gold silver mcx
Story first published: Wednesday, November 20, 2013, 12:10 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
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