Friday, March 19, 2010

India gold futures down 0.4%; weak overseas cues

Published on 2010-03-19 12:24:08



Singapore - India MCX April gold futures down 0.4% at INR16,707/10 grams on weakness in overseas spot gold. "I don't see much movement due to a lack of direction," says Kapil Gandhi, analyst at New Future Advisors; tips to make fresh purchase at further declines; expects contract in INR16,630-INR16,780 band.

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