Gold firmed on tuesday as physical consumers took advantage of lower prices to buy into the metal and as china announced moves to allow greater freedom in its gold trade, but a lack of investment kept a lid on gains.
Base metals are higher on the london metal exchange monday on a weaker dollar and gains in european and asian equities.
News Highlights
- Gold rises on firmer physical demand, china move.
- Metals higher on weak dollar, rising equities.
- MCX crude oil rises of bullish global cues.
- India pepper futures likely up on short-covering.
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