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Commodity Updates – Gold fell During late Morning Trade in the Domestic Market

Discussion in 'Stock Market Discussions' started by Harish, Mar 14, 2016.

  1. Harish

    Harish New Member

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    Gold futures fell during late morning trade in the domestic market on Monday as investors and speculators stuck to a cautious stance ahead of a widely anticipated US Fed rate review this week which may offer cues over the outlook for further hikes in borrowing costs in the world’s biggest economy.At the MCX, Gold futures for April 2016 contract is trading at Rs 29,460 per 10 gram, down by 0.14 per cent after opening at Rs 29,398, against the previous closing price of Rs 29,500. It touched the intra-day low of Rs 29,374.


     
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