iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Gold Supported In Volatile Trades, US Dollar Eases

5 Jan 2022 , 03:48 PM

COMEX Gold futures stayed supported after a drop under $1800 per ounce at the start of the New Year. The sustained selling pressure in Bitcoin, which lingers around $46000 mark is capping downside for Gold. The leading cryptocurrency has been under stress following the drop under $50000 level. Gold is also witnessing buying support on firm Indian demand trends. COMEX Gold futures are currently quoting at $1820 per ounce, up 0.27% on the day. MCX Gold futures are currently trading at Rs 47980 per 10 grams, up marginally on the day amid a volatile session as prices tanked near Rs 47850 mark before recovering. The US Dollar Index eased a little and currently quotes just above 96 mark.

Powered by Commodity Insights

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.