Gold Settled Flat As A Rise In Risk Aversion Ahead Of G7 Talks Lent Support - Dollar Advisory | Best Commodity Tips Provider

Breaking

Monday 11 June 2018

Gold Settled Flat As A Rise In Risk Aversion Ahead Of G7 Talks Lent Support

Gold settled flat as a rise in risk aversion ahead of G7 talks lent support, but the metal remained hemmed within a range as a recovery in the dollar kept a lid on gains. 

Expectations that the Federal Reserve will announce another U.S. interest rate hike also pressured gold.

Physical gold demand was soft in major Asian hubs in the week with global prices moving in a tight range, while lower retail purchases forced sellers in India to offer wider discounts during a slow period for buying the metal.

For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory

No comments:

Post a Comment