Gold futures up on firm global cues
25/07/2017
Gold futures were trading up in the afternoon trade in the domestic market on Tuesday as speculators raised their bets amid a firming trend overseas.Analysts said raising of bets by participants, tracking a firming trend in the global markets as the weakness in the dollar boosted demand for the safe-haven, influenced gold at futures trade.At the MCX, gold futures for August 2017 contract is trading at Rs 28565 per 10 grams, up by 0.17 per cent, after opening at Rs 28538, against a previous close of Rs 28516. It touched the intra-day high of Rs 28569 (at 12:03 hours).
25/07/2017
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Gold futures were trading up in the afternoon trade in the domestic market on Tuesday as speculators raised their bets amid a firming trend overseas.Analysts said raising of bets by participants, tracking a firming trend in the global markets as the weakness in the dollar boosted demand for the safe-haven, influenced gold at futures trade.At the MCX, gold futures for August 2017 contract is trading at Rs 28565 per 10 grams, up by 0.17 per cent, after opening at Rs 28538, against a previous close of Rs 28516. It touched the intra-day high of Rs 28569 (at 12:03 hours).
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