Breaking News

You are here » Indian-Commodity  :  Commodities  :  Gold, Silver & Bullion  :  Gold futures trade higher on MCX

17-Jul2017

Gold futures trade higher on MCX

Gold futures traded higher on MCX as the US dollar fell to multi-month lows after the prospect for further interest rate hikes in the United States this year dimmed following softer US economic data last week.

The contract for August delivery was trading at Rs 28052.00, up by 0.20% or Rs 56.00 from its previous closing of Rs 27996.00. The open interest of the contract stood at 6850 lots.

The contract for October delivery was trading at Rs 28240.00, up by 0.17% or Rs 47.00 from its previous closing of Rs 28193.00. The open interest of the contract stood at 1085 lots on MCX.


Related News

View all news

Gold futures end higher on Monday

Gold futures marked one week high on Monday, as US currency eased ahead to Federal Open Market Committee (FOMC) Meeting. Moreover, increased risk aversion in investors amid uncertainty around concrete......

Gold futures end higher on Monday

Gold futures marked one week high on Monday, as US currency eased ahead to Federal Open Market Committee (FOMC) Meeting. Moreover, increased risk aversion in investors amid uncertainty around concrete......

Gold futures trade tad lower on Monday

Gold futures traded marginally lower on Monday, owing to a firmer dollar and cautious outlook among investors ahead to Federal Open Market Committee (FOMC) meeting on December 18 and 19. Moreover,......

Top News

View all news

Infibeam Avenues' arm incorporates wholly owned subsidiary

Infibeam Avenues' wholly owned subsidiary-- Infibeam Global EMEA FZ-LLC has incorporated a wholly owned subsidiary company namely 'Richrelevants' in BVI, which will be the Step-down Wholly Owned Subsidiary......

Ramco Systems gets order from Global Top 10 Chemical Manufacturing Company

Ramco Systems' Global Payroll platform has been chosen by one of the leading chemical producer and a Global Top 10 Chemical Manufacturing company by revenue, as a Managed Service for its multi-country......

JCT planning to raise funds on preferential basis

JCT is planning for the fresh issuance of equity shares aggregating to Rs 9.16 crore on preferential basis to term lenders. The meeting of the Board of Directors of the Company will be held on December......