Yellow metal little changed; focus on US debate
26/09/2016 15:21
Gold futures were little changed during the afternoon trade in the domestic market on Monday as investors and speculators remained on the sidelines in the precious metal in the domestic markets on firm dollar. However, market is focused on the outcome of the US presidential debate later in the day, that could see investors buying more of the metal as a hedge against financial uncertainty. At the MCX, gold futures for October 2016 contract is trading at Rs 31,268 per 10 grams, down by 0.04 per cent, after opening at Rs 31,236, against a previous close of Rs 31,281. It touched the intra-day low of Rs 31,211 (at 15:12 hours).
26/09/2016 15:21
Gold futures were little changed during the afternoon trade in the domestic market on Monday as investors and speculators remained on the sidelines in the precious metal in the domestic markets on firm dollar. However, market is focused on the outcome of the US presidential debate later in the day, that could see investors buying more of the metal as a hedge against financial uncertainty. At the MCX, gold futures for October 2016 contract is trading at Rs 31,268 per 10 grams, down by 0.04 per cent, after opening at Rs 31,236, against a previous close of Rs 31,281. It touched the intra-day low of Rs 31,211 (at 15:12 hours).