Friday, 18 August 2017

Gold futures up on global cues

Gold futures were trading in the green in the domestic market on Friday on account of rise in speculative bets amid supportive global cues. According to the analysts, gold prices are expected to trade sideways from Rs 29,300-28,900.Fresh buying could be witnessed above Rs 29,300. 

At the MCX, gold futures for October 2017 contract is trading at Rs 29188 per 10 grams, up by 0.13 per cent, after opening at Rs 29170, against a previous close of Rs 29151. It touched the intra-day high of Rs 29215.


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  1. Gold prices slipped from nine-month high prices as dollar retreated .capitalstars

  2. OPEC on this Wednesday forecast senior demand for its crude oil in the 2018 and said its production cutting contract with rival producers was productively getting free of a glut, viewing to a tighter worldwide market next year.

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