Gold prices slip on robust Dollar

MG News | October 16, 2017 at 03:58 PM GMT+05:00

0:00

Prices for Gold slipped on Monday after robust dollar and improving performance of Asian equities. The bullion gained around 0.9 percent at Monday close, after US President Trump announced he will not certify the nuclear deal held with Iran. The bullion resumed upward trajectory after the announcement, crude also picked up after the US decertified Iranian Nuclear deal.

Spot gold was down 0.2 percent at $1,302.51 an ounce as of 0358 GMT, while U.S. gold futures for December delivery were unchanged at $1,304.80 per ounce.

$\"\"$

Asian shares on the other hand witnessed a major rebound following on the US surge in prices, oil futures also increased as Iraqi Army entered the Kurdistan region to fight the rebel state.

Silver was flat at $17.35 an ounce after hitting its highest since mid-September earlier in the session.

$\"\"$

Platinum eased 0.2 percent to $942.50 an ounce, while palladium was 0.4 percent higher at $992.40.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	160,229.76 218.46M	2.23% 3496.89
ALLSHR	97,751.82 544.02M	2.18% 2087.15
KSE30	48,807.77 114.65M	2.21% 1055.39
KMI30	231,698.74 67.82M	2.44% 5523.49
KMIALLSHR	64,027.12 215.68M	2.14% 1344.03
BKTi	44,952.66 53.63M	2.41% 1059.91
OGTi	31,541.68 4.04M	2.14% 661.26

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	110,690.00	110,870.00 107,835.00	3735.00 3.49%
BRENT CRUDE	63.87	64.33 63.84	-0.50 -0.78%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.50 -1.83%
ROTTERDAM COAL MONTHLY	93.00	0.00 0.00	-0.15 -0.16%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	60.06	60.53 60.02	-0.51 -0.84%
SUGAR #11 WORLD	14.24	14.41 14.23	-0.04 -0.28%