Gold prices were volatile in futures trade on Thursday as an uptick in rupee offset support from the positive global trend.
In the global markets, the commodity gained strength as Washington slapped sanctions on Chinese telecoms giant Huawei, denting the optimism for a possible US-China trade deal.
The rupee climbed 12 paise against the US dollar today. A strong rupee against the dollar brings gold prices down and spurs consumption in the country.
In the global markets, the commodity gained strength as Washington slapped sanctions on Chinese telecoms giant Huawei, denting the optimism for a possible US-China trade deal.
The rupee climbed 12 paise against the US dollar today. A strong rupee against the dollar brings gold prices down and spurs consumption in the country.
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