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Gold futures trade lower on subdued demand
Apr-21-2017

Gold futures traded lower on MCX as investors exited their positions in the precious metal on subdued demand. Meanwhile, caution prevailed as markets await the outcome of the looming French presidential election.

The contract for June delivery was trading at Rs 29269.00, down by 0.09% or Rs 26.00 from its previous closing of Rs 29295.00. The open interest of the contract stood at 6984 lots.

The contract for August delivery was trading at Rs 29367.00, down by 0.15% or Rs 43.00 from its previous closing of Rs 29410.00. The open interest of the contract stood at 518 lots on MCX.

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