Gold prices up as Middle East tensions remain elevated

In the international market, spot gold was steady at $1,516.33/ounce.

Sep 23, 2019 02:09 IST India Infoline News Service

Silver ingot and gold
Gold prices were up on Monday as crude oil prices rose and the US dollar weakened.

MCX Gold Oct futures were up Rs 106 or 0.3% above Rs 37,800/10g.

In the international market, spot gold was steady at $1,516.33/ounce.

Middle East tensions persist as the US ordered additional 
troops to be deployed in the Gulf region to strengthen Saudi Arabia's air and missile defences.

Further, the US imposed more sanctions on Iran by penalizing the Iranian Central Bank.


MCX Silver Dec Futures were also up 1.9% above Rs47,300/kg.

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