Gold Price Rises, Reclaims Rs 31,500-Mark: 5 Things To Know

INSUBCONTINENT EXCLUSIVE:
Domestic gold prices rose by Rs 100 per 10 grams on Monday, bucking the trend overseas
The weakness in the rupee against the US dollar along with buying by jewellers pushed the yellow metal prices higher, say analysts
In the global market, concerns on the US-China trade front and rising US interest rates have kept gold prices under pressure for past few
weeks
Going forward, analysts will watch the outcome of the upcoming two-day meet of the Federal Reserve for direction in the dollar and gold.1
10 grams respectively at the bullion market, according to news agency Press Trust of India
Global gold price: Gold rate edged lower on Monday as the dollar held firm on news that China cancelled trade talks with the United
from the two-day meeting of the US central bank starting Tuesday
The Federal Reserve is widely expected to raise benchmark interest rates after conclusion of its policy meeting
generally considered to be a safe-haven asset, the months-long trade rift between Washington and Beijing has prompted investors to buy US
currencies at 94.263.