Gold Rises Upward After 2% Glide

mcx commodity tips

Gold fringe up higher on Friday after gliding more than 2% to a 2 week low-lying overnight on treat over an emerging increased in US interest rates, with bullion remaining on track for its highest weekly fall in two months. Precious metal has lost by 2.6 % so far this week, after dragging further away from a five months max set for 22 January.

Coal India slide by 4% as OFS opens

Shares of Coal India slided by 4 % in early trade on Friday as its offer for sale (OFS) opens today. The floor price of OFS is fixed at Rs 358/share, a discount of around 4.5 % from Thursday ending price.