- Gold started off a crucial week on the back foot on Monday.
- Spot gold fell 0.2 percent to $1,072.11 an ounce by 0042
GMT.
Higher rates are expected to hurt demand for
non-interest-paying bullion, while boosting the dollar.
Gold has already slid 9 percent for the year, its third
straight annual decline, in anticipation of higher rates.
The Indian rupee opened at a fresh two-year low at 67.09
per dollar.The Sensex is down 170.63 points or 0.7 percent at 24873.80 and the
Nifty down 54.75 points or 0.7 percent at 7555.70. About 192 shares have
advanced, 335 shares declined, and 66 shares are unchanged.Oil producers also
saw sharp declines in their stocks in Asian trade.
For
more live update & Mcx Bullion Market Tips visit www.capitalheight.com/bullion-premium.php
or call @ 0731-6615050; +91 9993066624
Commodity trading recommendation is not very easy, but Epic Research has a qualified team who gives information commodity trading tips for traders.
ReplyDeleteOman's Oil Minister Mohammed bin Hamad al-Rumhi said on Monday he expects oil prices to remain between $70 to $80 a barrel this year.
ReplyDeleteCapitalstars