Gold futures exhibited mixed trend on NCDEX as the June contracts traded high as speculators booked fresh positions in the precious metal as fears over Ukraine boosted the safe haven demand for the yellow metal. While August contract traded down as speculators stayed cautious over booking fresh positions in the precious metal amid concerns that a pickup in the world’s biggest economy may accelerate the US Federal Reserve’s plan to taper its record monthly bond buying program.
The contract for June delivery was trading at Rs 27360.00, up by 0.04% or Rs 11.00 from its previous closing of Rs 27349.00. The open interest of the contract stood at 8200.00 lots.
The contract for August delivery was trading at Rs 26925.00, down by 0.11% or Rs 29.00 from its previous closing of Rs 26954.00. The open interest of the contract stood at 4261.00 lots on MCX.
No comments:
Post a Comment