Gold & Silver

Gold futures remain rangebound

Suresh P. Iyengar Mumbai | Updated on July 09, 2012

In Mumbai spot market, the yellow metal opened at Rs 2,952 per gram.

Gold futures remain rangebound even as prices in the international market were strong due to financial crisis in the Euro Zone.

On the Multi Commodity Exchange, August contract may trade between Rs 29,570 and Rs 29,680. It opened marginally lower at Rs 29,603.

In Mumbai, spot gold was trading at Rs 2,992 per gram, down 0.26 per cent. In Comex, the yellow metal was up at $1,583 a troy ounce at 11.30 am.

Published on July 09, 2012

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor