{"id":3823,"date":"2019-01-25T06:47:23","date_gmt":"2019-01-25T06:47:23","guid":{"rendered":"http:\/\/financeintellect.com\/home-page\/home\/?p=3823"},"modified":"2019-01-25T06:47:23","modified_gmt":"2019-01-25T06:47:23","slug":"gold-settled-lower-on-profit-booking-as-dollar-firms","status":"publish","type":"post","link":"https:\/\/financeintellect.com\/home-page\/home\/gold-settled-lower-on-profit-booking-as-dollar-firms\/","title":{"rendered":"Gold settled lower on profit booking, as Dollar Firms"},"content":{"rendered":"

By Manoj Kumar Jain <\/strong>
\nDirector and Head Commodity Research, IndiaNivesh<\/strong><\/p>\n

Yesterday, Gold February futures were slightly down in afternoon trade Thursday on the \"\"(MCX) due to profit booking after rising in the previous session.<\/p>\n

On the comex division Gold prices slumped to their lowest level of the year, as a firmer dollar dulled the appeal of the yellow metal.\u00a0Comex gold futures hit their weakest level since Dec. 27 at $1,275.65 a troy ounce. It last traded at $1,277.45 40 down $6.55, or around 0.5%. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, rose to 96.29, the best level since Jan. 3. A stronger dollar can be a negative for commodities priced in the currency, making them more expensive to users of other currencies. Elsewhere in metals trading, silver futures lost 9.3 cents, or about 0.6%, at $15.28 a troy ounce…..<\/p>\n","protected":false},"excerpt":{"rendered":"

By Manoj Kumar Jain Director and Head Commodity Research, IndiaNivesh Yesterday, Gold February futures were slightly down in afternoon trade Thursday on the (MCX) due to profit booking after rising in the previous session. On the comex division Gold prices slumped to their lowest level of the year, as a firmer dollar dulled the appeal […]<\/p>\n","protected":false},"author":3,"featured_media":3824,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[3121,624,3304],"class_list":["post-3823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets","tag-gold","tag-indianivesh","tag-multi-commodity-exchange"],"aioseo_notices":[],"yoast_head":"\nGold settled lower on profit booking, as Dollar Firms - Finance Intellect<\/title>\n<meta name=\"description\" content=\"Yesterday, Gold February futures were slightly down in afternoon trade Thursday on the Multi Commodity Exchange (MCX) due to profit booking after rising in the previous session. On the comex division Gold prices slumped to their lowest level of the year, as a firmer dollar dulled the appeal of the yellow metal. Comex gold futures hit their weakest level since Dec. 27 at $1,275.65 a troy ounce. It last traded at $1,277.45 40 down $6.55, or around 0.5%.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/financeintellect.com\/home-page\/home\/gold-settled-lower-on-profit-booking-as-dollar-firms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold settled lower on profit booking, as Dollar Firms - Finance Intellect\" \/>\n<meta property=\"og:description\" content=\"Yesterday, Gold February futures were slightly down in afternoon trade Thursday on the Multi Commodity Exchange (MCX) due to profit booking after rising in the previous session. On the comex division Gold prices slumped to their lowest level of the year, as a firmer dollar dulled the appeal of the yellow metal. Comex gold futures hit their weakest level since Dec. 27 at $1,275.65 a troy ounce. It last traded at $1,277.45 40 down $6.55, or around 0.5%.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/financeintellect.com\/home-page\/home\/gold-settled-lower-on-profit-booking-as-dollar-firms\/\" \/>\n<meta property=\"og:site_name\" content=\"Finance Intellect\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-25T06:47:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/01\/gold-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"FI Online\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Fin_Intellect\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"FI Online\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/gold-settled-lower-on-profit-booking-as-dollar-firms\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/gold-settled-lower-on-profit-booking-as-dollar-firms\/\"},\"author\":{\"name\":\"FI Online\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/a90045187089bff33d502ca60561a130\"},\"headline\":\"Gold settled lower on profit booking, as Dollar Firms\",\"datePublished\":\"2019-01-25T06:47:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/gold-settled-lower-on-profit-booking-as-dollar-firms\/\"},\"wordCount\":148,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/gold-settled-lower-on-profit-booking-as-dollar-firms\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/01\/gold-2.jpg\",\"keywords\":[\"Gold\",\"IndiaNivesh\",\"Multi Commodity Exchange\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/financeintellect.com\/home-page\/home\/gold-settled-lower-on-profit-booking-as-dollar-firms\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/gold-settled-lower-on-profit-booking-as-dollar-firms\/\",\"url\":\"https:\/\/financeintellect.com\/home-page\/home\/gold-settled-lower-on-profit-booking-as-dollar-firms\/\",\"name\":\"Gold settled lower on profit booking, as Dollar Firms - Finance Intellect\",\"isPartOf\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/gold-settled-lower-on-profit-booking-as-dollar-firms\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/gold-settled-lower-on-profit-booking-as-dollar-firms\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/01\/gold-2.jpg\",\"datePublished\":\"2019-01-25T06:47:23+00:00\",\"author\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/a90045187089bff33d502ca60561a130\"},\"description\":\"Yesterday, Gold February futures were slightly down in afternoon trade Thursday on the Multi Commodity Exchange (MCX) due to profit booking after rising in the previous session. 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