Gold slipped as concerns over an escalating trade conflict between US and China battered emerging market currencies and prompted investors to buy dollar.
Prices remained under pressure amid rising U.S. interest rates, trade disputes and the Turkish currency crisis, with investors parking their money in the dollar.
Physical gold demand in India was moderate last week amid an improvement in retail purchases before the festival season despite an increase in domestic prices.
For more information ✆ +91-8871068600 or visit Dynamic Money Research
No comments:
Post a Comment