Spot demand lifts gold prices

Globally, gold prices again touched all-time high on Monday, at $1,525.10 an ounce.

Aug 13, 2019 08:08 IST India Infoline News Service

Gold
Gold prices rose in futures trade on Tuesday owing to a rise in spot demand by jewellers. 

Global prices edged higher over concerns regarding the US-China trade conflicts as well as Hong Kong protests. 

Globally, gold prices again touched all-time high on Monday, at $1,525.10 an ounce.

SPDR Gold Holdings said its holdings rose 0.94% to 847.77 tonnes on Monday from 839.85 tonnes on Friday. 

MCX Gold 4-Oct expiry rose 0.65% to Rs38,490/10gms.

Silver was also up at 45,368/kg.

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