Thursday, 7 December 2017

Gold Inches Up After Slumping To Over 4-Month Low

Gold edged up in early Asian trade on Friday, after dropping below its recent trading range to hit a more than four-month low overnight. 
Spot gold was up nearly 0.2 per cent at $1,248.29 an ounce by 0102 GMT, after hitting its lowest since July 26 at $1,243.71 on Thursday. 
The dollar inched higher on Friday, on track for a weekly gain against a basket of currencies, as the passage of a bill to temporarily extend US government funding raised investors' optimism that a tax reform bill would also pass. For more information commodity market tips please visit : www.paceresearchindia.com and call : 8817774774

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