Breaking News

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

26-Jul2017

Gold futures end lower on Tuesday

Gold futures ended lower on Tuesday as equities gained and the markets awaited clues about monetary policy from the US Federal Reserve, which began its two-day meeting. The market is not expecting an interest rate increase following the Fed's two-day meeting, but it is looking for hints on the timing and extent of future moves.

Gold futures for August delivery declined $2.20, or 0.2 percent, to settle at $1,252.10 an ounce on the Comex division of the New York Mercantile. While, spot gold was down 0.2 percent at $1,251.90 an ounce.


Related News

View all news

Gold futures end lower ahead of Fed meet

Gold futures ended lower on Thursday due to cautious outlook ahead to the Federal Reserve meeting that is expected to come up with higher rates next week. Meanwhile, positive trend in dollar index and......

Gold futures trade higher on MCX

Gold futures traded higher on MCX as traders enlarged their holdings amid a firming global trend as the dollar weakened on receding fears of a full-blown Sino-United States trade war. Investors are awaiting......

Gold futures settle higher on Wednesday

Gold futures settled higher on Wednesday, due to easing dollar index amid latest round of tariffs by China and the United States. However, the 'modest risk aversion' attitude in the world marketplace capped......

Top News

View all news

ABB India undertakes an ambitious project to create a high density DFC

ABB India has undertaking an ambitious project to create a high density Dedicated Freight Corridor (DFC). The DFC will run between the four cities known as the Golden Quadrilateral - Delhi, Mumbai, Chennai......

NHPC to develop 40 MW solar plant in Odisha: Report

Hydropower generation company NHPC is reportedly planning to develop 40 MW solar plant in Odisha with an investment of about Rs 196 crore. The solar power project will come up on about 180 acres of land......

Tijaria Polypipes bags order worth Rs 35.30 crore

Tijaria Polypipes has received a single order of Rs 35.30 crore for supply of HDPE & PLB Ducts from Tata Projects. The same has to be executed within a period of 3 months. The company takes great......