• Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney Invest Now master your money
Moneycontrol

Home » News » Brokerage Recos - Commodities

Feb 17, 2017, 02.32 PM | Source: Moneycontrol.com

Expect Gold prices to trade higher today: Angel Commodities

According to Angel Commodities, On the MCX, gold prices are expected to trade higher today, international markets are flat at $1238 per ounce.

Like this story, share it with millions of investors on M3

Expect Gold prices to trade higher today: Angel Commodities

According to Angel Commodities, On the MCX, gold prices are expected to trade higher today, international markets are flat at $1238 per ounce.

Post Your Comments

Share Cancel

| 1 Comments

(more)

, Angel Commodities |


Angel Commodities report on Gold

On Thursday, spot gold prices rose by half a percent to close at $1238.8 per ounce as the dollar weakened after a 10-day winning streak and investors took the opportunity to buy bullion as a hedge against political uncertainty in the United States and Europe.

Concern over U.S. President Donald Trump's policies, as well as elections in the Netherlands, France and Germany this year, have fueled gold's rise to a peak of $1,244.67 on Feb. 8. On the MCX, gold prices rose by 0.94 percent to close at Rs.29416 per 10 gms.

Outlook

We expect gold prices to trade higher today as uncertainty continues to haunt investor’s flight towards safe haven, while weak dollar index would also be supportive for gold prices. On the MCX, gold prices are expected to trade higher today, international markets are flat at $1238 per ounce.

For all commodities report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

To read the full report click here

Buy, Hold, Sell ? Hear it first on M3
Expect Gold prices to trade higher today: Angel Commodities

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login