Gold futures closed lower in the domestic market on Thursday as strength in the US stock market and the dollar offset support from a report showing strong investment demand for precious metals in the first half of 2016.
At the MCX, gold futures for October 2016 contract is trading at Rs 31,315 per 10 grams, down by 0.25 per cent, after opening at Rs 31,350, against a previous close of Rs 31,393. It touched the intra-day low of Rs 31,262.
At the MCX, gold futures for October 2016 contract is trading at Rs 31,315 per 10 grams, down by 0.25 per cent, after opening at Rs 31,350, against a previous close of Rs 31,393. It touched the intra-day low of Rs 31,262.
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