• SENSEX
    NIFTY 50
Commodities
Powered by:

Gold holds near four-week low as equities, dollar climb

Updated : April 02, 2019 06:21 PM IST

Spot gold was up 0.1 percent at $1,288.79 per ounce at 1148 GMT, having touched its lowest since March 7 at $1,284.76 earlier. US gold futures was unchanged at $1,293.80 an ounce.
World stocks hovered just under a six-month high, supported by strong manufacturing data from the United States and China, while the dollar index rose to a three-week high against a basket of rival currencies, making bullion expensive for holders of other currencies.
Indicating investor sentiment, holdings in the world's largest gold-backed exchange-traded fund, SPDR Gold Trust, fell 1.5 percent on Monday, their biggest one-day percentage decline in a month.
Gold holds near four-week low as equities, dollar climb
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV