A solid jump in the US dollar weighed on Gold today as the yellow metal fell 1% to $1639 per ounce. The dollar index jumped 0.68% to 112.76 amid a mostly choppy session for global equities today. Asian stocks fell with markets still waiting for Chinese economic data. Chinas Shanghai Composite Index fell 1.19% and Hong Kongs Hang Seng index lost 2.30%. Japans Nikkei 225 index gained 0.37%. European shares saw a mixed movement. Some gains were seen in French CAC index while German DAX index was flat. Gold has dipped to around three week low following the latest slide. Powered by Capital Market – Live News
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