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21-Feb2018

Gold futures edge lower on MCX

Gold futures edged lower on MCX as strength in the US dollar continued to weigh, although caution ahead of the minutes of the Federal Reserve's latest meeting and uncertainty surrounding a big US debt auction this week was expected to limit the greenback's gains.

The contract for April delivery was trading at Rs 30448.00, down by 0.28% or Rs 84.00 from its previous closing of Rs 30532.00. The open interest of the contract stood at 7480 lots.

The contract for June delivery was trading at Rs 30596.00, down by 0.28% or Rs 85.00 from its previous closing of Rs 30681.00. The open interest of the contract stood at 2384 lots on MCX.


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