The decline in the dollar will then gold glitter

The much anticipated meeting of the US Federal Reserve last week ended with a positive sign for gold. Fed by his statement 'restraint' word removed. However, the increase in interest rates in the US is not in a hurry. Fed Chairman Janet Yelen with the interest rate of 0.6 per cent of the estimated 1.125 decision to decline strongly in the dollar index. According to experts, the gold price continued to decline in the dollar index may bounce.

Due to the decline in the dollar index, gold prices gained 2 percent and Comaks weekly prices used to be trading at 1182.2 dollars per ounce. The dollar index rose to the highest level was 100.33 on March 13. But the Fed's statement last week declined to about 2.5. The domestic market has also seen gold prices. However, due to the strengthening of the rupee against the international market, gold prices have climbed in the domestic market.

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