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05-Dec2017

Gold futures exhibit mixed trend on MCX

Gold futures is trading mixed on MCX, as February contract edged higher due to safe heaven appeal of the bulion amid weak domestic equity markets, though contract for April trimmed on account of subdued demand for precious metals by jewellers, industries and retailers.

The contract for February delivery was trading at Rs 29152.00 was up by 0.07% or Rs 19.00 from its previous closing of Rs 29133.00. The open interest of the contract stood at 6050 lots.

While, the contract for April delivery was trading at Rs 29187.00 was down by 0.05% or Rs 15.00 from its previous closing of Rs 29202.00. The open interest of the contract stood at 298 lots on MCX.


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