Wednesday, February 17, 2010

India gold futures up 0.2%, may fall later

Published on 2010-02-17 16:37:17

Singapore - India MCX April gold futures up 0.2% at INR16,757/10 grams, but profit-taking could be seen later in session, says New Future Advisors analyst Kapil Gandhi. Comex April gold futures flat at $1,119.60/oz. Focus today will be on slew of U.S. economic data and FOMC minutes, say local traders. Gandhi tips contract in INR16,600-INR16,850 range.

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