Gold Prices Hold Steady Near 6-Week Highs
Investing.com - Gold prices held steady near six-week highs on Tuesday, as sentiment on the greenback remained vulnerable amid ongoing concerns over the pace of future U.S. rate hikes and uncertainty regarding a potential U.S. tax overhaul.Comex gold futures little changed at $1,295.10 a troy ounce by 08:05 a.m. ET (12:05 GMT), just off the previous session's six-week peak of $1,299.00. Sentiment on the greenback remained vulnerable after last week's minutes of the Federal Re
Gold Rate Today: Gold, silver up in morning trade
Gold was trading higher on Monday morning after the dollar index hit nearly two-month lows of 92.675 on Friday.
MCX Gold futures were trading 0.32 per cent, or Rs 95, up at Rs 29,475 per 10 gram around 10.30 am (IST), while MCX Silver futrues were trading 0.29 per cent, or Rs 114, up at Rs 39,355 per 1 kg. SMC Investments and Advisors believes that bullion counter may trade with volatile path as movement of greenback, the US tax legislation and global risk sentiment are to