MCX GOLD JUNE CONTRACT TRADES HIGHER BY 0.34% TO RS 26,308 PER 10 GRAMS.

MCX GOLD JUNE CONTRACT TRADES HIGHER BY 0.34% TO RS 26,308 PER 10 GRAMS.

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MCX Gold June contract trades higher by 0.34% to Rs 26,308 per 10 grams
MCX Gold futures contracts trade higher on Wednesday despite weak overseas cues.
At the Multi Commodity Exchange, gold for delivery in April was up by Rs 89, or 0.34 per cent, to Rs 26,308 per 10 grams. Gold prices hit an Intraday high of Rs 26342 and an Intraday low of Rs 26244. So far 980 futures contracts have been traded in MCX.
MCX Gold June contract was trading at Rs 26482 up Rs 77, or 0.29 percent.  Prices hit an Intraday high of Rs 26488 and an Intraday low of Rs 26445 on MCX.
Gold of 99.9 and 99.5 per cent purity plunged by Rs 510 each to Rs 27,190 and Rs 26,990 per 10 grams, a level last seen on January 3 at bullion market today on slackened demand from jewellers and retailers amid weak global cues.
Gold traded close to a six-week low by the optimism of Greek in the global market. The sources said Athens is intended to request an extension of six months of its loan agreement with its international lenders later in the day, relieving concerns about the country’s future in the euro zone.
On the Comex, New York Gold futures for April delivery quoted down by 60 cents, or 0.05%, to trade at $1,208.20 a troy ounce during European morning hours.
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