MCX Gold Updates 24 June | Commodity Tips For Today | Stock Market Trading

Gold slid to a one-week low on Wednesday, down for a fourth continuous session, as the dollar fortified and worldwide securities exchanges kept on arousing on desires of a Greek obligation bargain.

Asia offers encouraged for a 6th straight session as investors decided to be idealistic that Greece would achieve an arrangement with its lenders while the dollar held expansive picks up as the possibility of US rate rises returned on the radar.

"Investors responded to upgraded any desires for a Greek obligation bargain by exchanging or shorting gold," HSBC expert James Steel said in an examination note.