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20-Mar2019

Gold futures edge down on strong dollar

Gold futures edged down on MCX amid strong dollar against some major basket of currencies ahead of an interest rate decision by the US Federal later in the day.

The contract for April delivery was trading at Rs 31838.00, down by 0.38% or Rs 122.00 from its previous closing of Rs 31960.00. The open interest of the contract stood at 7957 lots.

The contract for June delivery was trading at Rs 32058.00, down by 0.41% or Rs 132.00 from its previous closing of Rs 32190.00. The open interest of the contract stood at 11369 lots on MCX.

 


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