China approved a decision to go forward with national security legislation for Hong Kong, which could erode the city’s freedom and jeopardise its role as a financial hub. India said it has recorded a total 1,65,799 cases while 4,706 people have died.
Gold futures were up 0.33 per cent or Rs 152 at Rs 46,557 per 10 grams. Silver futures added 0.34 per cent or Rs 167 to Rs 48,725 per kg.
“US-China tensions have fueled concerns about implementation of trade deal. Gold’s rally is showing signs of exhaustion amid relative calm in equity markets however buying interest may emerge at lower levels amid growth worries and US-China tensions,” Kotak Securities said in a recent note.
