Spot gold prices are expected to trade on the negative note on the back of strength in DX and expectations among the market participants that the US Federal Reserve may continue reducing its stimulus package at same pace, says Sushil Finance.
Sushil Finance's report on bullion
In the Indian Markets, gold prices fell by 0.43 percent on Friday’s trading session taking cues from Intl spot Gold prices. Further, appreciation in the Indian Rupee added downside pressure on the prices. Gold prices touched an intraday low of 25755/10gms and closed at 25863/10gms.
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