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MCX Gold Tips: Gold slides 0.82 pct with BoJ holding steady

Discussion in 'Stock Market News & Analysis' started by Anik singh, Mar 15, 2016.

  1. Anik singh

    Anik singh New Member

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    Gold prices fell by 0.82 per cent on Tuesday as investors took profits ahead of central bank reviews this week with the Bank of Japan up first in holding policy steady. As expected the Bank of Japan held policy steady, but noted the market volatility has dented confidence and the price views of consumers and business. Gold futures for April 2016 contract, at MCX, were trading at Rs. 28,949 per 10 grams, down by 0.82 per cent after opening at Rs. 29,125 against the previous closing price of Rs. 29,187. It touched the intra-day low of Rs. 28,872 till the trading
     
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