Gold steady on weak dollar, geopolitical worries

Gold steady on weak dollar, geopolitical worries
An employee makes gold studs at a jewellery workshop in Colombo. Image Source: Reuters

Gold held steady on Wednesday, supported by a weaker dollar, geopolitical concerns about North Korea and nervousness ahead of the French presidential election.

The yellow metal was steady on Tuesday after hitting a five-month peak the previous session, bolstered by a softer dollar, North Korea tensions and nervousness ahead of the French presidential election.

On Tuesday the dollar index fell near a three-week low on disappointing U.S. housing starts data and nerves over trade talks between the United States and Japan, while Britain`s pound soared after Prime Minister Theresa May called for a snap general election.

 

 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

RECOMMENDED STORIES

https://www.zeebiz.com/personal-finance/photo-gallery-power-of-inr-rs-3000-sip-compounding-growth-return-mutual-fund-calculator-in-how-many-years-inr-rs-3000-monthly-investment-can-generate-20000000-30000000-retirement-planning-corpuses-335652

Power of Rs 3,000 SIP: In how many years, Rs 3,000 monthly investment can generate corpuses of Rs 2 crore and Rs 3 crore? Know here

https://www.zeebiz.com/markets/ipo/news-after-bumper-2024-rs-2-lakh-crore-worth-ipos-expected-in-2025-primary-market-nsdl-avanse-financial-ecom-express-sebi-approval-335584

after bumper 2024 rs 2 lakh crore worth ipos expected in 2025 primary market nsdl avanse financial ecom express sebi approval

https://www.zeebiz.com/personal-finance/photo-gallery-sbi-senior-citizen-fd-interest-rates-maturity-return-calculator-what-senior-citizens-will-get-on-investments-of-inr-rs-555555-777777-999999-in-amrit-vrishti-1-3-5-year-guaranteed-return-schemes-335635

Latest SBI Senior Citizen FD Rates: How much senior citizens can get on investments of Rs 5,55,555, Rs 7,77,777, and Rs 9,99,999 in Amrit Vrishti, 1-, 3-, and 5-year FDs

https://www.zeebiz.com/personal-finance/photo-gallery-power-of-compounding-sip-mutual-fund-calculator-how-can-you-create-inr-rs-50000000-60000000-70000000-retirement-corpuses-on-monthly-salary-income-of-20000-step-up-capital-gain-return-335490

Power of Compounding: How can you create Rs 5 crore, 6 crore, 7 crore corpuses if your monthly salary is Rs 20,000?

https://www.zeebiz.com/personal-finance/photo-gallery-top-7-etfs-with-highest-best-cagr-returns-in-1-year-calculator-no-1-mutual-fund-has-turned-inr-rs-878787-investment-into-1395091-nifty-bse-nyse-fang-mirae-motilal-icici-axis-nav-aum-share-market-335545

Top 7 ETFs With Highest Returns in 1 Year: No. 1 ETF has turned Rs 8,78,787 investment into Rs 13,95,091; know how others have fared

https://www.zeebiz.com/markets/stocks/photo-gallery-largecap-midcap-shares-to-buy-for-long-term-sharekhan-stock-picks-nifty-sensex-335587

Sharekhan suggests buying 5 largecap, midcap stocks; ICICI Bank, Godrej Consumer on the list

https://www.zeebiz.com/personal-finance/photo-gallery-15x5x3-rule-sip-in-how-many-years-rs-13000-monthly-investment-grow-rs-65-lakh-rs-1-crore-rs-2-crore-corpus-335672

Power of 15x5x3 Rule: In how many years your monthly Rs 13,000 SIP will grow to Rs 65,59,488, Rs 1,29,88,923, and Rs 1,91,49,745 through this formula

Written By: Reuters
Updated: Wed, Apr 19, 2017
07:26 AM IST
Reuters
RELATED NEWS
Gold prices today: 24-carat gold rises to Rs 77,740, silver climbs Rs 100 Gold prices today: 24-carat gold rises to Rs 77,740, silver climbs Rs 100
Gold Price Today: Gold nears Rs 76,600 per 10 grams, silver crosses Rs 89,500 Gold Price Today: Gold nears Rs 76,600 per 10 grams, silver crosses Rs 89,500

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x