Profit booking in gold after three consecutive days of rise in gold, crude oil up

Profit booking in gold after three consecutive days of rise in gold, crude oil up

BUSINESS HEADLINES INDIA


Mumbai. After three consecutive days of rise in gold, there is a slight profit booking on Thursday. However, gold in MCX is trading close to Rs 43500. There is a break on the rise of gold in the equity market rapidly, but the fear of the Corona virus persists, which is supporting the prices at the lower level. However, gold imports have declined due to record rise in gold. At the same time, Brent is seeing a boom before OPK's decision on production cuts. In the US, the stock is seeing a rise in prices due to less than expected increase.

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