Gold Flat On Rising North Korea Tension

Gold futures closed flat in the domestic market on Monday as gold reversed losses on the back of rising tensions over North Korea.

Some geopolitical concerns have given a positive hand to the metal: a successful missile test in North Korea and cyber-attacks around the world.

At the MCX, gold futures for June 2017 contract ended at Rs 27993 per 10 grams, down by 0.04 per cent, after opening at Rs 28,024 against a previous close of Rs 28,005. It touched the intra-day low of Rs 27,982.

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Suhani Verma

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