Gold prices rebound on jewellers’ buying
05/12/2017
Gold prices rebound on jewellers’ buying
05/12/2017 15:28
Gold futures were up in the domestic market on Tuesday on mild buying by local jewellers, shrugging off a weak trend overseas..
Traders said scattered buying by local jewellers to meet ongoing wedding season demand at domestic spot market mainly helped gold prices to recover, but a weak trend overseas capped the rise.
At the MCX, gold futures for December 2017 contract is trading at Rs 29068 per 10 grams, up by 0.14 per cent, after opening at Rs 29068, against a previous close of Rs 29027. It touched the intra-day high of Rs 29068 (at 15:20 hours).
05/12/2017
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Gold prices rebound on jewellers’ buying
05/12/2017 15:28
Gold futures were up in the domestic market on Tuesday on mild buying by local jewellers, shrugging off a weak trend overseas..
Traders said scattered buying by local jewellers to meet ongoing wedding season demand at domestic spot market mainly helped gold prices to recover, but a weak trend overseas capped the rise.
At the MCX, gold futures for December 2017 contract is trading at Rs 29068 per 10 grams, up by 0.14 per cent, after opening at Rs 29068, against a previous close of Rs 29027. It touched the intra-day high of Rs 29068 (at 15:20 hours).
