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As on: May 26, 2020 09:44 PM
Gold Out Of Sorts After Hitting One Month Top
14-May-19   18:00 Hrs IST
COMEX Gold futures eased today after a massive jump in last session. Sentiments were mixed in global markets but equities tried to recoup some of the hefty losses witnessed at the start of week on overwhelming global trade concerns. European stocks rebound from two month low. Gold had jumped nearly 20 dollars yesterday to test a one month high around $1304 per ounce but stayed in a narrow range today. The commodity currently trades at $1299.75 per ounce, down 0.16% on the day. MCX Gold futures are currently trading at Rs 31407 per 10 grams, down 0.28% on the day after testing a low near Rs 32300 level. The counter jumped nearly Rs 600 per 10 grams in last session.

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