Amid rising tensions over US relations with Russia & North Korea, gold hit 5 months high. It rose nearly 2 percent in the previous session after hitting high on Wednesday. Therefore, investors are resorting to safe haven assets. The unease in the relations has harmed a brighter economic outlook for global growth. There is a degree of uncertainty in the financial markets. MCX Gold is 47 points up at 29240 while Silver is live at 42245 with 58 points up. Crude Oil has moved up 18 points at 3466 while Aluminium is live at 123.70 with minor drop.
Cotton has slipped down more than 0.5 percent and it is trading at 20710. Indian Currency Rupee is trading lower by 11 paise at 64.60.