Breaking News

You are here » Indian-Commodity  :  Commodities  :  Gold, Silver & Bullion  :  Gold futures end lower on Thursday

26-Aug2016

Gold futures end lower on Thursday

Gold futures ended lower on Thursday, under pressure from upbeat US data in the run-up to a speech by Federal Reserve Chair Janet Yellen on Friday that will be watched for clues on monetary policy. Market players are hoping Yellen will give a clearer signal on the path of US interest rate hikes when she addresses a meeting of central bankers in Jackson Hole, Wyoming.

Gold futures for December delivery declined $5.10 or 0.4 percent to settle at $1,324.60 an ounce on the Comex division of the New York Mercantile Exchange. While, spot gold was down 0.1 percent to $1,322.26 an ounce.


Related News

View all news

Gold futures end lower as dollar marks 16 month high

Gold futures ended lower on Monday, due to increased dollar bets amid political uncertainty in Europe. The green back has registered a 16 month high, while the yellow metal is in one-month low. Moreover,......

Gold futures edge higher on Monday

Gold futures edged higher on Monday, despite strong dollar as the investors went risk averse with the easing trend in stock market due to soft Chinese economic data and falling oil prices, raising concerns......

Gold futures edge higher on Monday

Gold futures edged higher on Monday, despite strong dollar as the investors went risk averse with the easing trend in stock market due to soft Chinese economic data and falling oil prices, raising concerns......

Top News

View all news

Atishay bags two work orders for preparation of Urdu Photo Electoral rolls

Atishay has received the work order from the Office of the Collector & District Election Officer, District-Bhopal (MP) for Preparation of Urdu Photo Electoral rolls, as per Election Commission......

Jindal Poly Films to incorporate wholly owned subsidiary

Jindal Poly Films will incorporate wholly owned subsidiary Company i.e. J. and D. Speciality Films. The Board of Directors of the company at their meeting held on November 12, 2018, took note of the same.Jindal......

Bannari Amman Spinning Mills to promote wholly owned subsidiary

Bannari Amman Spinning Mills has received an approval to promote a wholly owned subsidiary to carry out the new line of allied activities in future. The Board of Directors of the company at their meeting......