Gold prices gained solidly on Monday as China GDP came in better than expected and tensions on the Korean peninsula supported demand. Gold gained as concerns over North Korea and the Middle East sent investors scurrying for the safety of bullion and the dollar wilted. Fears of a new weapons test by North Korea as a U.S. carrier group sailed towards the region, as well as worries about French presidential election, also kept investors on edge. SPDR gold trust holdings gained by 0.77% i.e. 6.51 tonnes to 848.92 tonnes from 842.41 tonnes. For More Commodity News Please Visit : www.paceresearchindia.com and Call : 8817774774Sunday, 16 April 2017
Pace Research Commodity Update : Gold Gains In Asia After Solid China GDP
Gold prices gained solidly on Monday as China GDP came in better than expected and tensions on the Korean peninsula supported demand. Gold gained as concerns over North Korea and the Middle East sent investors scurrying for the safety of bullion and the dollar wilted. Fears of a new weapons test by North Korea as a U.S. carrier group sailed towards the region, as well as worries about French presidential election, also kept investors on edge. SPDR gold trust holdings gained by 0.77% i.e. 6.51 tonnes to 848.92 tonnes from 842.41 tonnes. For More Commodity News Please Visit : www.paceresearchindia.com and Call : 8817774774
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