Gold futures on the Multi Commodity Exchange opened marginally higher at Rs 29,950 per 10 grams against the previous close of Rs 29,928.

The Indian markets were taking cues from a firm trend in the international markets.

MCX gold for October delivery may trade in a range of Rs 29,950 to Rs 30,060.

In Comex, gold was trading at $1,610 troy ounce.

(This article was published on August 7, 2012)
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