Gold spots Continued Bargain Buying, MCX Futures over Rs 25800 ranges

COMEX Gold closed a nine session losing spree yesterday in the midst of
preceded with deal purchasing. Declining crude oil costs and health in
US dollar took a toll on the metal in most recent few weeks, taking
costs to their 4 month lows. Be that as it may, the commodity figured
out how to stamp floor and reduce out stable picks up yesterday as
speculators reassessed FOMC price climb desires after lukewarm retail
deals information. COMEX Gold is citing at $1159.60/ounce, up $7.7/ounce
on the day. MCX Gold futures trading at Rs 25830/10 grams on the day, up Rs 176/10 grams or 0.67 Per cent on the day.

Gold spots Continued Bargain Buying, MCX Futures over Rs 25800 ranges.



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