Gold was trading falt in the Indian market on August 5 with a negative bias following a muted trend in international spot prices amid firm dollar after a top US Federal Reserve official signalled the possibility of bringing forward policy tightening.
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Gold was trading higher in the Indian markets on August 4, tracking a positive trend in international spot prices on a subdued dollar.
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Oil was down Tuesday morning in Asia, as COVID-19 concerns alongside slowing manufacturing activity in the U.S. and China dimmed the fuel demand outlook.
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Oil prices fell on Monday on worries over China’s economy after a survey showed factory activity growing at its slowest pace in 17 months in the world’s second-largest oil consumer, concern compounded by a rise in oil output from OPEC producers.
