MCX GOLD JUNE FUTURES PRICES TRADES FLAT AT RS 26015.

MCX GOLD JUNE FUTURES PRICES TRADES FLAT AT RS 26015.

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MCX Gold June futures prices trades flat at Rs 26015
Gold futures prices on MCX were trading flat on Monday on sluggish global trend
At the Multi Commodity Exchange, bullion gold June month futures delivery was trading at Rs 26015 up Rs 6, or 0.02 percent. Prices hit an intraday high of Rs 26,031 and an intraday low of Rs 25,980. So far 66 contracts have been traded on MCX.
In the national capital bullion market on Monday, Gold of 99.9 per cent purity eased by Rs 70 to Rs 26,350, while 99.5 per cent pure gold lost Rs 20 to Rs 26,200 per 10 grams, respectively.
Meanwhile, on the Comex, gold futures for April delivery rose 80 cents, or 0.07%, to trade at $1,153.20 a troy ounce.
The market participants were looking forward to the declaration by the Federal Reserve on Wednesday to see whether their reference is reduced to be “patient” before raising rates.
The Chinese Premier Li Keqiang said on Sunday that politicians are eager to take measures to spur the economy if necessary and as the country has a large measure to adjust policies to promote growth and fight to deflation.
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