REGISTRATION WILL GIVE YOU
✔ Access to our growing database of trusted suppliers, producers, buyers and sellers.
✔ Personal and professional advice from our experts.
✔ Access to investment opportunities within the Commodities value chains (by invitation only).
✔ Regular updates for the latest news and events in the commodity market. PHONE
According to Angel Commodities, yesterday, spot gold prices declined by 0,78 percent to close at 1191. On the MCX, gold prices followed the same trend and declined 0,49 percent during the same time frame.
Yesterday, spot gold prices declined by 0,78 percent to close at 1191. On the MCX, gold prices followed the same trend and declined 0,49 percent during the same time frame. Meanwhile, stronger dollar added further downward pressure on Gold prices. Latest moves by US President Donald Trump to levy tariffs on additional Chinese goods worth $200 billion is likely to hamper market sentiments and add further strength to the green-back. In such a scenario the markets are betting for gold prices to fall. Meanwhile, the trade talks between US and Canada failed to meet the Friday deadline and US President Donald Trump wanted to go ahead with trade with Mexico and leave out Canada. However, both countries are likely to resume trade talks soon. In this week, the NFP data from the US will be crucial for further momentum in gold prices.