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10-Sep2018

Gold futures edge higher on MCX

Gold futures edged higher on MCX as the dollar firmed amid expectations of a US Federal Reserve interest rate hike in September and fears of escalating trade tensions between the United States and China.

The contract for October delivery was trading at Rs 30635.00, up by 0.46% or Rs 141.00 from its previous closing of Rs 30494.00. The open interest of the contract stood at 8920 lots.

The contract for December delivery was trading at Rs 30871.00, up by 0.54% or Rs 165.00 from its previous closing of Rs 30706.00. The open interest of the contract stood at 3553 lots on MCX.

 


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