Gold Rises On US Political Worries

Gold futures closed higher in the domestic market on Wednesday with fresh U.S. political worries lifting prices to their highest settlement of the month.The latest concerns come after a New York Times report said President Donald Trump tried to influence an FBI probe into links between his inner circle and Russia.

At the MCX, gold futures for June 2017 contract ended at Rs 28625 per 10 grams, up by 1.89 per cent, after opening at Rs 28,150 against a previous close of Rs 28,094. It touched the intra-day high of Rs 28,645.

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Suhani Verma

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