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Gold Gains As FBI Further Probes Clinton Mails
Gold in the international markets gained and the domestic markets are expected to follow suit, after the FBI said it was further investigating use of Clinton's private email system.
Gold in the international markets jumped almost one per cent, after the FBI said that it will further probe Clinton's use of her private email system.
The stock and the commodity markets are factoring a Clinton win, and any adverse news to her chances could lead to fresh fall in stocks and a jump in gold prices.
Gold in the international market climbed to the highest level in almost a month to $1278 an ounce. Remember, Indian gold prices take their cues from international markets and any rally in these markets, leads to fresh gains in the domestic markets.
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In the domestic markets gold for 10 grams was trading at Rs 29,600 per 10 grams. It might gain even more as prices would be revised once again later in the day.
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