Gold prices are expected to gain in futures trade on Monday, tracking positive global cues.
Gold prices climbed on Monday after the US President Donald Trump threatened to raise tariffs on Chinese goods, escalating Sino-US trade tensions, which prompted risk-off sentiment and boosted safe-haven assets, Reuters reported.
Crude oil may remain under pressure as the commodity prices tumbled in global markets.
Here is a quick check on projections of various commodities by brokerage SMC Global Securities.
Gold prices climbed on Monday after the US President Donald Trump threatened to raise tariffs on Chinese goods, escalating Sino-US trade tensions, which prompted risk-off sentiment and boosted safe-haven assets, Reuters reported.
Crude oil may remain under pressure as the commodity prices tumbled in global markets.
Here is a quick check on projections of various commodities by brokerage SMC Global Securities.
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