Gold prices fall on easing trade war tensions

After hitting record highs during the week, gold prices softened as the US and China agreed to hold high-level trade talks in early October.

Sep 06, 2019 07:09 IST India Infoline News Service

Gold
Gold prices dipped in futures trade today as trade tensions between the US and China were allayed.

After hitting record highs during the week, prices softened as the US and China agreed to hold high-level trade talks in early October.

The rupee also rebounded on Friday.

MCX Gold October futures fell 0.8% to Rs38,588/10g.

Globally, spot gold prices fell to $1,514.90/ounce on Friday, as per ET, as the developments surrounding the trade equation between the two largest economies lifted the risk-on sentiment

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