Gold slipped today as profit selling hit the metal after prices tested near four month high in last session. COMEX Gold neared $1260 per ounce levels last night but failed to extend gains amid supportive US equities. The metal currently trades at $1251.50 per ounce, down 0.58% on the day. MCX Gold futures are also down more than Rs 200 or 0.68% at Rs 29507 per 10 grams mark. Meanwhile, global equities remained mostly positive today as markets eyed President Donald Trump’s address to a joint session of Congress. Stocks have remained cautious globally over last few days as investors eyed further clarity on the business and immigration policies of US President Donald Trump.
Powered by Commodity Insights