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05-Sep2018

Gold futures trade higher on MCX

Gold futures traded higher on MCX, after slipping to a more than one-week low in the previous session, as the dollar eased despite concerns of an escalation in the trade conflict between the United States and China.

The contract for October delivery was trading at Rs 30307.00, up by 0.43% or Rs 129.00 from its previous closing of Rs 30178.00. The open interest of the contract stood at 8292 lots.

The contract for December delivery was trading at Rs 30529.00, up by 0.39% or Rs 120.00 from its previous closing of Rs 30409.00. The open interest of the contract stood at 2688 lots on MCX.


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