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Gold futures Ended lower in the Domestic Market

Discussion in 'Stock Market Discussions' started by Harish, Oct 19, 2015.

  1. Harish

    Harish New Member

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    Gold pulled back in the overseas market on Friday as a weaker dollar curbed the lure for the bullion as an alternative asset. Weaker greenback makes Gold more expensive for those holding other currencies, thus dimming demand. At the MCX, Gold futures for December 2015 contract closed at Rs 27,150 per 10 gram, down by 0.39 per cent after opening at Rs 27,225, against the previous closing price of Rs 27,257. It touched the intra-day low of Rs 27,063.


     
    #1 Harish, Oct 19, 2015
    Last edited by a moderator: Oct 19, 2015
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