Gold Demand Up 20%, But Buyers Prefer Light-Weight Jewellery - Dollar Advisory | Best Commodity Tips Provider

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Wednesday 8 May 2019

Gold Demand Up 20%, But Buyers Prefer Light-Weight Jewellery


Gold prices rose to their highest in more than a week on Wednesday as renewed worries over US-China trade dispute and its potential impact on global growth dented risk sentiment, stoking investors towards safe-haven assets.
Gold prices rose on Tuesday as US President Donald Trump’s threat to raise tariffs on Chinese imports rekindled trade tensions between the two economies and pushed investors to seek insurance in safe haven assets. Internationally, spot gold was up 0.2 per cent at $1,283.41 per ounce. 
Gold price was hovering around Rs 31,700 per 10 gm, which is 0.5 per cent higher than the gold price on last Akshaya Tritiya (April 18, 2018). For More Information Please Visit : www.dollaradvisory.com/index.php/welcome/freetrial and Call : +91 9111-179961

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