Gold prices are expected to trade higher today: Angel Commodities
According to Angel Commodities, on the MCX, gold prices to trade higher today, international markets are trading flat at $1278 per ounce.
Angel Commodities' report on Gold
On Wednesday, spot gold prices declined by 0.8 percent to close at $1278.9 per ounce as the dollar and stocks gained, though tensions over North Korea and upcoming French and UK elections underpinned demand in the safe-haven asset.
We expect gold prices to trade higher today as uncertainty in the global environment and slow growth in the US economy according to the Beige Book. On the MCX, gold prices to trade higher today, international markets are trading flat at $1278 per ounce.
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