Sensex
82,380.69 profit arw 594.95 (0.73%)
Nifty
25,239.10 profit arw 169.90 (0.68%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 17-May-2024
Other Markets - Bullion Markets
17-May-2024     12:57

COMEX Gold softens after hitting one month high

COMEX Gold futures eased yesterday after hitting a one month high just above $2400 per ounce and witnessed mild gains today. Gold currently trades at $2390 per ounce, up marginally on the day. The Gold demand trend in India remains firm despite the recent surge in prices. The yellow metal is also eying a sustained drop in the US treasury yields and a generally uncertain geopolitical backdrop is also keeping it elevated. Gold had dropped under $2300 per ounce at the start of this month but there has been a very good recovery in the metal thereafter. A pick up in the US dollar index could weigh on the metal today and US equities hitting record high could also take some shine off it.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

82,380.69 594.95 (0.73%)

Nifty

25,239.10 169.90 (0.68%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

26,438.52 -8.05(-0.03%)