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Mcx tips – Morning Update Of Gold on 2nd FeBruary

Discussion in 'Stock Market Discussions' started by Harish, Feb 2, 2016.

  1. Harish

    Harish New Member

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    Mcx tips - Gold prices closed higher in the domestic market on Monday as dismal China factory data which showed that manufacturing in the country contracted for a sixth month on the trot in January signaled a worsening slowdown in the world’s second biggest economy, bolstering the case for further monetary easing by officials, supporting the lure for Gold, which is a hedge against the inflationary risk of monetary stimulus.
     
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