• Tuesday, 5 February 2019

    Home Bullion metals updates commodity advisory commodity calls Commodity Market Commodity market tips MCX Tips MCX Trading Tips MCX Updates Ways2capital Ways2capital Commodity Tips Gold Flat On Muted Spot Demand, Weak Global Trend

    Gold Flat On Muted Spot Demand, Weak Global Trend

    2/05/2019 02:31:00 pm , , , , , , , , ,
    Gold prices traded on a flat note in Tuesday's session amid tepid demand at the domestic spot markets and subdued global cues. 

    Global gold prices were near one-week lows on Tuesday as strong US economic data boosted the US dollar and motivated investors to look towards riskier equities. 

    A strong dollar means gold price will depreciate as the commodity becomes dearer in other currencies, causing a fall in its demand.

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