Market Update

Market Watch

Monday, 21 December 2015

Indian Bullion MCX Market Live News

Gold steadied on Monday, retaining sharp gains from the previous trading session.
weakness in the dollar and equities helped the metal recoup some losses from a U.S. interest rate hike last week.
Spot gold had eased 0.2 percent to $1,064.16 anounce by 0039 GMT.
The metal saw some safe-haven bids on Friday after global equity markets fell sharply as slumping oil prices raised concerns about slower growth.
Gold's Friday move followed a 2-percent loss in the session prior to that, the metal's biggest single day loss in five months.
Bullion is still not too from a near-six-year low of $1,047.25 reached last week.
Sensex is down 94.31 points or 0.4 percent at 25424.91 and the Nifty is down 16.30 points or 0.2 percebt at 7745.65. About 356 shares have advanced, 183 shares declined, and 54 shares are unchanged.
Asia's markets traded in the red, after Wall Street's sharp losses on Friday. All their researches are based on the basis of the daily international and national economic news and market developments. For 2 Days Free Trial, please visit our site at  www.capitalheight.com/bullion-premium.php  or Call at 0731-6615050.


1 comment:

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