Breaking News

You are here » Indian-Commodity  :  Commodities  :  Gold, Silver & Bullion  :  Gold futures end higher on weaker dollar

20-Sep2016

Gold futures end higher on weaker dollar

Gold futures ended higher on Monday as the dollar weakened against a basket of major currencies. Though, some gains were capped ahead of a Federal Reserve monetary policy meeting decision from central banks in Japan and the US which meets on September 20-21, and also a rise in US government bond yields.

Gold futures for December delivery gained $7.60 or 0.6 percent to settle at $1,317.80 an ounce on the Comex division of the New York Mercantile Exchange. While, spot gold was up 0.3 percent to $1,313.39 an ounce.

 


Related News

View all news

Gold futures finish at one month low on Monday

Gold futures finished at one month low on Monday, with the increased risk appetite among investors improved stock markets and dulled bullion investments. Besides, a stronger dollar amid the anticipated......

Gold futures trade almost steady on Monday

Gold futures traded almost steady on Monday, with cautious outlook from investors as they eyed on impending report from china showcasing dimmed economic growth to its slowest in 28 years in 2018 in face......

Gold futures end lower on Thursday

Gold futures retreated from 2-week high on Thursday, with firmer dollar and on reports of better than expected US job weekly data. Moreover, increased risk appetite among investors with positive trend......

Top News

View all news

Coromandel International reports 14% fall in Q3 consolidated net profit

Coromandel International has reported results for third quarter ended December 31, 2018.The company has reported a fall of 15.23% in its net profit at Rs 152.67 crore for the quarter under review as compared......

Bajaj Auto planning to foray into electric vehicles next year

Bajaj Auto is planning to foray into electric vehicles (EV) next year, simultaneously with the migration of its conventional engine vehicles to BS-VI emission norms.The company also plans to launch electric......

Inflame Appliances, Lupin and IDBI Bank to see some action today

Inflame Appliances has set up a new facility to produce Electrical Chimneys & its parts, which can be considered as an 'Make in India' initiative as more than 90% Chimneys are imported from China......