Thursday, December 24, 2009

India gold futures up 1% on strong global cues

Published on 2009-12-24 16:46:11



Singapore - India MCX February gold futures up 1% at INR16,795/10 grams on strong overseas cues, says Kapil Gandhi, investment advisor at New Future Advisors. International spot gold up USD15.62 at USD1,103.62/oz. "I see gold trading on the higher side later in the session as the dollar is weakening," says Gandhi; expects contract in INR16,640-INR16,880 range.

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