MCX APRIL FUTURES CONTRACT TRADES HIGHER 0.27 PER CENT TO RS 26,750 PER 10 GRAMS.
MCX APRIL FUTURES CONTRACT TRADES HIGHER 0.27 PER CENT TO RS 26,750 PER 10 GRAMS.
Standard
MCX futures contract trades higher on Monday on global cues.
.At the Multi Commodity Exchange, gold futures April contract was gained by Rs 57, or 0.27 per cent, to Rs 26,750 per 10 grams in early morning trade after the precious metal climbed for the third straight day in global markets.
On wedding season demand and strong global cues, the domestic bullion marketplace, gold of 99.9 and 99.5 per cent purity moved up by Rs 70 each to Rs 27,700 and Rs 27,500 per ten grams respectively.
Meanwhile, gold rose 0.30 percent to $ 1,233.82 an ounce in Singapore, the highest since April 16.
On the Comex, US gold futures for April delivery fell 0.10% to $ 1228.30 a troy ounce.
Meanwhile, officials from Greece and the European Union were attributable to hold further talks on Monday following the discussions on a new debt deal last week ended without an agreement.
In the week ahead, investors will concentrate on minutes of the last meeting of the Federal Reserve for more instructions on when the central bank might start raising interest rates on Wednesday.
Comments
Post a Comment