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Gold remains well supported today

Discussion in 'Commodity vs Dollar' started by raghav, Mar 2, 2016.

  1. raghav

    raghav New Member

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    Gold remains well supported today even as global equities mostly edged up. A supportive undertone prevailed in global stocks though the weak economic data boosted hopes of continued monetary policy supports from central banks. The metal neared towards its one year high yet again- third such a rally in last two weeks. The commodity currently quotes at $1248 per ounce, up 1.10% on the day. MCX Gold futures currently trade at Rs 29660 per 10 grams, up 0.50% on the day.
     
  2. raghav

    raghav New Member

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