At 10:58 hours IST, MCX GOLD August contract was trading at Rs 26588 per 10 gram, up Rs 485, or 1.86 percent. The GOLD rate touched an intraday high of Rs 26637 and an intraday low of Rs 26185. So far 5493 contracts have been traded. GOLD prices have moved down Rs 5639, or 17.50 percent in the August series so far.
MCX GOLD October contract was trading at Rs 26720 up Rs 492, or 1.88 percent. The GOLD rate touched an intraday high of Rs 26760 and an intraday low of Rs 26467. So far 308 contracts have been traded. GOLD prices have moved down Rs 5130, or 16.11 percent in the October series so far.
MCX GOLD December contract was trading at Rs 26800 up Rs 476, or 1.81 percent. The GOLD rate touched an intraday high of Rs 26800 and an intraday low of Rs 26678. So far 10 contracts have been traded. GOLD prices have moved down Rs 4140, or 13.38 percent in the December series so far.
Source: www.moneycontrol.com
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Gold condition is not good now. It's share are in bullish. With dollar strength the gold share will go down.
ReplyDelete-- Sani Nair( epic research )
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