Thursday, August 13, 2009

India gold futures tad higher on firm overseas

Published on 2009-08-13 12:44:48


Singapore - India October MCX gold contract tad up at INR14,877/10 grams tracking gains in international spot gold prices, but uptrend limited on firm INR, says Kapil Gandhi of STCI Commodities; adds domestic prices to take further cues from INR movements today and move in range of INR14,800-INR14,980/10 grams. Physical demand in India may see some improvement ahead of festivals but prices need to be stable in coming days to attract customers, says Mumbai-based jeweler.

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