Published on 2009-09-07 13:46:15
Singapore - India October MCX gold contract tad up at INR15,742/10 grams, recovering from earlier low of INR15,690, as overseas spot gold turns positive on weak dollar. "We suggest that investors be on the buy side in gold as the upcoming festive season could improve demand slightly, and because of positive international cues," says Kapil Gandhi of STCI Commodities; tips contract in INR15,640-INR15,780 range.
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