Spot gold prices rose by 0.2 percent to close at $ 1284.7 as slowdown in the global growth increased demand for safe haven assets. Weak manufacturing sector numbers published by Europe and China mounted concerns of a global economic slowdown pressurizing the stock markets which triggered demand for the yellow metal. However, uptrend in the Dollar Index capped the gains. On the MCX, gold prices rose 0.6 percent to close at Rs.31610.00 per 10 gms. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996
Spot gold prices rose by 0.2 percent to close at $ 1284.7 as slowdown in the global growth increased demand for safe haven assets. Weak manufacturing sector numbers published by Europe and China mounted concerns of a global economic slowdown pressurizing the stock markets which triggered demand for the yellow metal. However, uptrend in the Dollar Index capped the gains. On the MCX, gold prices rose 0.6 percent to close at Rs.31610.00 per 10 gms. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996
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