MCX GOLD APRIL FUTURES UP RS 98 TO RS 27,798 PER 10 GRAMS.

MCX GOLD APRIL FUTURES UP RS 98 TO RS 27,798 PER 10 GRAMS.

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MCX Gold April futures up Rs 98 to Rs 27,798 per 10 gramsGold futures prices trading higher on MCX, taking positive cues from global bullion market ahead of profitters created fresh positions.
At the Multi Commodity Exchange, gold futures delivery in February was up by Rs 98, or 0.36%, to Rs 27,798 per 10 grams. Gold prices hit an intraday session high of Rs 27,889 and an intraday low of Rs 27,845. So far 45 gold futures contracts have been traded on MCX.http://khelomcx.com/
In the domestic bullion marketplace, gold of 99.9 and 99.5 per cent purity added another Rs 100 each to Rs 28,180 and Rs 27,980 per 10 grams respectively on wedding season demand from jewellers and a firming trend overseas. The precious metal had gained Rs 760 in the previous three sessions.
Gold traded advance in global market with the highest in nearly 5-months, like bullions rose on demand for a haven amid concerns about global economic growth is slowing.
Gold futures for February delivery gained 1.2 percent to $1,292.50 on the Comex. Meanwhile, gold was trading $1.16 higher at $1,276.81 an ounce in Singapore.
Khelo MCX Analysts said, the market playeres will be watching the ECB meeting on Thursday to any notice of QE announced and if we should see moderately demand for the yellow metal.
To contact the KheloMCX Advisory visit here. Or Free trial Advisory Visit KheloMCX.comhttp://khelomcx.com/.

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