Gold futures closed higher in the domestic market on Tuesday as investors sought the relative safety of haven assets ahead of next week’s “Brexit” referendum and a tandem of closely watched central-bank meetings.
Gold futures had struggled to find direction during the session, weaving between losses and gains, as the U.S. dollar strengthened before Wednesday’s decision on interest rates from the U.S. Federal Reserve.
At the MCX , Gold futures for August 2016 contract closed at Rs 30,569, per 10 gram, up by 0.56 per cent after opening at Rs 30,350, against the previous closing price of Rs 30,569. It touched the intra-day high of Rs 30,584
Gold futures had struggled to find direction during the session, weaving between losses and gains, as the U.S. dollar strengthened before Wednesday’s decision on interest rates from the U.S. Federal Reserve.
At the MCX , Gold futures for August 2016 contract closed at Rs 30,569, per 10 gram, up by 0.56 per cent after opening at Rs 30,350, against the previous closing price of Rs 30,569. It touched the intra-day high of Rs 30,584
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