Singapore - India August MCX gold contract down 0.3% at INR14,506/10 grams, erases intra-day gains on 1% fall in overseas spot gold prices due to dollar gains. "The trend is mostly negative today, with the contract expected to fall below INR14,400 level," says STCI Commodities trader Kapil Gandhi; expects contract to find strong support at INR13,500 as INR weak.
http://www.moneycontrol.com/commodity/comm_news.php?autono=100277&type=MKT
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