MCX GOLD APRIL CONTRACT DECLINED AT RS 27,255 DOWN 0.20 PERCENT.

MCX GOLD APRIL CONTRACT DECLINED AT RS 27,255 DOWN 0.20 PERCENT.

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MCX Gold April contract declined at Rs 27,255 down 0.20 percent
Gold futures prices on MCX were trading lower on Monday as the U.S. dollar’s strength.
Most of the Asian currencies ended lower against the dollar. The Indian rupee also weakened on Monday, following other Asian currencies, still weighed down by the dollar rally last week on improved US economic data.
At the Multi Commodity Exchange, Gold April contract was trading at Rs 27,255 down Rs 55, or 0.20 percent. Gold touched an intraday session high of Rs 27255 and an intraday session low of Rs 27248.
At the global marketplace, Gold almost unchanged, On the Comex New York, gold futures for February delivery were up only 0.04% to $1,195.80.
Bullion trading volumes remain light this week before the New Year holiday are expected.
In Delhi, gold of 99.9 and 99.5 per cent purity gained Rs 110 each to Rs 27,210 and Rs 27,010 per ten gram, respectively.
To contact the KheloMCX Advisory visit here. Or Free trial Advisory Visit KheloMCX.com..

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