Gold prices volatile at Friday’s open

Mubasher: Gold prices saw a mixed performance in Friday’s early trades, in line with the decline of US dollar against a basket of major currencies.

The COMEX gold futures contract for February delivery fell 0.33% to $1,195.8 per ounce by 8:30am GMT.

Gold prices rose 0.12% to reach 1,196.89 per ounce.

The US dollar (DXY), which tracks it against a basket of six currencies, fell 0.19% to 101.27 points during the same time.

Mubasher Contribution Time: 13-Jan-2017 09:01 (GMT)
Mubasher Last Update Time: 13-Jan-2017 09:01 (GMT)