Real-Time CommodityWire is available only to registered users. This is best for professional traders and people who track markets actively.Real-Time CommodityWire is available only to registered users. This is best for professional traders and people who track markets actively.
By Sandeep Sinha Futures contracts of gold were flat on the Multi Commodity Exchange of India, despite weak cues from COMEX. The yellow metal contracts were down on COMEX due to a rebound in the dollar. At 1455 IST, the Dollar Index, which measures the strength of the greenback against a basket of major currencies, was up 0.1% at 108.11. A firm greenback makes dollar-denominated precious commodities more expensive for those holding other currencies, adversely affecting demand.
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