Gold Futures Prices Fall Again After North Korea Carried Out Missile Test

Gold Futures Prices Fall Again After North Korea Carried Out Missile Test

Gold futures rose sharply after a sharp drop on Tuesday as geopolitical risks increased after North Korea said it successfully tested an intercontinental ballistic missile.

Gold futures were at $1,224.94 a troy ounce, up $5.74, or around 0.47%.

MCX Gold was trading 0.15 per cent, or Rs 42, higher at Rs 28,128 per 10 gram.

The North Korean army has launched an “unknown ballistic missile” that landed in the Sea of Japan, the South Korean army and the Japanese government said. Tokyo has strongly protested what it called a clear violation of UN resolutions.

The timing of the great launch days before the leaders of the Group of 20 study steps aimed at curbing North Korea’s weapons programs.

Holdings in SPDR Gold Trust , fell 0.73 per cent to 846.29 tonnes on Monday. US markets will remain shut on Tuesday for Independence Day holiday.

It is likely to remain minimal trade volumes with closed Tuesday for the holiday of Independence Day US markets.

Among other precious metals, silver rose 0.38% to $ 16.09 per ounce.

MCX Silver was up 0.33 per cent, or Rs 122, at Rs 37,372 per 1 kg.

For Commodity Market TradingMCX Live Trade CallsGold-Silver Market Prices and trading market latest news & updates  with 100McxTips, follow us on Twitter @100mcxtips and Like on Facebook.  And to contact the reporter on this story email at support@100mcxtips.com or Call: +91-761-4012307.

MCX Commodity Tips

Advertisements

100McxTips is an experienced Mcx Commodity Research Advisory to predict investors buying and trading trends at various market environments. For free trial advisory on commodity Gold, Silver, Crude, Copper and all Indian Commodities kindly visit us and submit an query form at 100mcxtips free trial tips here.

Posted in Commodity, MCX, Stocks Market

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Free Crude Oil Tips
Free Trial Crude Trading Tips
Contact & Visit Info
+91-761-4012307
M-Sat : 10am - 7pm
NG Trading Tips
Free Trial Commodity Tips
Disclaimer: 100McxTIps would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Bulloin Futures prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore 100McxTips doesn`t bear any responsibility for any trading losses you might incur as a result of using this data .
%d bloggers like this: