Gold fell more than 2
percent on Friday as global stock markets and the dollar rose on
stronger-than-expected U.S. jobs data, raising expectations that the
Federal Reserve will increase interest rates by midyear.
Read more at: http://www.moneycontrol.com/news/brokerage-recos-commodities/gold-prices-likely-to-trade-negative-sushil-finance_1296644.html?utm_source=ref_article
Read more at: http://www.moneycontrol.com/news/brokerage-recos-commodities/gold-prices-likely-to-trade-negative-sushil-finance_1296644.html?utm_source=ref_article
Gold futures for April 2015 contract, at mcx gold were trading at Rs. 27,417 per 10 grams, up by 0.42 percent after opening at Rs. 27,345 against the previous closing price of Rs. 27,301. It touched the intra-day high of Rs. 27,440 till the trading.
Gold prices rose by 0.42 percent on Friday at the domestic markets as investors awaited US non-farm payroll data and the latest twist in Greece's efforts to renegotiate with creditors.
Gold fell more than 2 percent on Friday as global stock markets and the dollar rose on stronger-than-expected U.S. jobs data, raising expectations that the Federal Reserve will increase interest rates by midyear.
Gold prices rose by 0.42 percent on Friday at the domestic markets as investors awaited US non-farm payroll data and the latest twist in Greece's efforts to renegotiate with creditors.
Gold fell more than 2 percent on Friday as global stock markets and the dollar rose on stronger-than-expected U.S. jobs data, raising expectations that the Federal Reserve will increase interest rates by midyear.
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