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03-Oct2016

Gold futures decline on MCX

Gold futures declined on MCX on a firmer dollar and a gain in equities, with the yellow metal losing its safe-haven appeal as concerns about Deutsche Bank's health eased.

The contract for October delivery was trading at Rs 30738.00, down by 0.01% or Rs 4.00 from its previous closing of Rs 30742.00. The open interest of the contract stood at 928 lots.

The contract for December delivery was trading at Rs 30938.00, down by 0.14% or Rs 43.00 from its previous closing of Rs 30981.00. The open interest of the contract stood at 9288 lots on MCX.


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