Gold Up Over Sluggish Economic Outlook, Lingering Risk Appetite Caps Gains

Yellow metal trades higher; buy for a target of Rs 47,850, say experts

By Administrator_India Capital Sands   Gold was up on Monday morning in Asia over signs of a slow economic recovery. Gold futures inched up by 0.04% to $1,950.60. U.S. retail sales data released last Friday recorded a lower-than-expected growth of 1.2% month-on-month, compared to the 1.9% expected in forecasts prepared by Investing.com. Japan’s GDP data released earlier […]