Moneycontrol
Jun 19, 2017 12:34 PM IST | Source: Moneycontrol.com

Expect gold prices to trade sideways: Sushil Finance

According to Sushil Finance, expect gold prices to trade sideways on the back of short covering after drop in prices.

Expect gold prices to trade sideways: Sushil Finance

Sushil Finance's report on Gold


Gold was little changed on Friday as investors judged that a sell-off sparked by a rise in U.S. interest rates this week had run its course and the dollar weakened, making bullion cheaper for holders of other currencies.


Outlook


We expect gold prices to trade sideways on the back of short covering after drop in prices.


For all commodities report, click here


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