Gold & Silver

Gold futures open lower at Rs 29,275 per 10 gm

Suresh P. Iyengar Mumbai | Updated on July 18, 2012

In Mumbai spot market, the yellow metal opened up at Rs 2,977 a gram.   -  The Hindu

Gold futures on the Multi Commodity Exchange opened lower at Rs 29,275 per 10 grams on Wednesday against previous day's close of Rs 29,289.

The August contract on MCX may trade between Rs 29,280 and Rs 29,150 per 10 grams.

The rupee has depreciated to 55.40 from 55.17 as exporters offloaded their dollar position.

Published on July 18, 2012

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