A firm dollar weighed on gold prices overnight although easing COVID restriction in China helped trim downside for the yellow metal. COMEX gold is trading close to the flat line at $1821.35 an ounce. However, dollar struggling to extend gains in early Asia is likely to add appeal for the precious metal. The dollar index, that measures the greenback against a basket of currencies is down 0.04% at 104.22, having gained 0.7% in the previous session. Investors are now awaiting Federal Reserve chair Jerome Powell speech that could provide hints about the likely monetary policy action in July. Powered by Commodity Insights
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
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)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.