Gold hits 11-week high, briefly tops $1,400

Gold was trading near 11-week highs on Monday after briefly breaking above the $1,400 mark, buoyed by weak US data and inflows into the world’s biggest bullion-backed exchange traded fund. 

The precious metal jumped in early Asian trading to $1,406.01 – its highest since June 7 – running on from a rally on Friday and supported by political tensions in Syria, before giving back some gains. 

get live update on  MCX GOLD TIPS  and Indian share update about Nifty FREE NIFTY TIPS

Advertisements

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