Web Sify
Follow us on
Sify.com » Topics » ETF
ETF News
Gold jumps 3 pct on physical buying, soft dollar
Gold jumps 3 pct on physical buying, soft dollar
Gold prices rose more than 3 percent on Tuesday as a drop in the dollar index helped the precious metal snap a four-day run of losses and after an early rout in the previous session tempted price-sensitive physical buyers back to the market. Prices dropped more than $120 an ounce in Asian trading hours on Monday, an unprecedented intraday fall in value terms, as a rush for the liquidity of the