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Gold futures edge higher on MCX
Jan-11-2017

Gold futures edged higher on MCX as investors extended their positions in the precious metal on safe-haven demand amid fears around Brexit, Trump’s news conference. Investors keenly eyed the Donald Trump’s news conference later in the day at which he may give more details about the policies he will seek to implement after he takes office on January 20, 2017.

The contract for February delivery was trading at Rs 28277.00, up by 0.47% or Rs 133.00 from its previous closing of Rs 28144.00. The open interest of the contract stood at 7580 lots.

The contract for April delivery was trading at Rs 28278.00, up by 0.46% or Rs 130.00 from its previous closing of Rs 28148.00. The open interest of the contract stood at 2289 lots on MCX.

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