Gold-Silver-Best-Tips-Of-12.02.2015

Gold futures held flat on Wednesday at the domestic markets with Greece firmly in focus and China data ahead. Greece’s Parliament approved the government’s economic plan in a vote late Tuesday that sets up a showdown with country’s international creditors beginning this week in Brussels. Further, a stronger dollar reduced the appeal of the bullion as an alternative asset. Stronger dollar makes the precious metal expensive for those holding other currencies, thus reducing demand. At the mcx gold futures for February 2015 contract was trading at Rs 26,838 per 10 gram, down by 0.07 percent after opening at Rs 26,874, against the previous closing price of Rs 26,856.