Wednesday, December 23, 2009

India gold futures down 0.5% on weak global cues

Published on 2009-12-23 16:57:32

Singapore - India February MCX gold futures down 0.5% at INR16,525/10 grams, tracking weak international cues, says Kapil Gandhi, investment advisor at New Future Advisors. February Comex gold futures down USD4.70 at USD1,082/oz. Gandhi says strengthening overseas dollar also seems to be impacting sentiment; expects contract to trade in INR16,400-INR16,680 range.

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