Market Update

Market Watch

Monday, 1 February 2016

Live Gold Share Market News By capitalHeight

Gold steadied at the start of the month on Monday, supported by slower U.S. fourth-quarter economic growth, after ending January with its biggest monthly gain in a year.
        Spot gold was little changed at $1,117.31 an ounce by 0043 GMT. Bullion ended last month with a gain of 5.4 percent, its largest gain since January 2015.
           Asian shares started a new month on somewhat firmer footing, helped by accommodative monetary policies in Japan and Europe, but traders were cautious ahead of China factory and service sector activity surveys.
             The market has opened on a flat note. The Sensex is up 38.58 points at 24909.27, and the Nifty is up 24.90 points or 0.3 percent at 7588.45. About 506 shares have advanced, 105 shares declined, and 31 shares are unchanged.
              The rupee opened flat at 67.77 per dollar against Friday's close of 67.78.


  1. Gold prices edged higher in the morning session as some investors sought refuge in the precious metal after the global stocks tumbled and the U.S.

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