MCX Gold for April started marginally lower at Rs 16,986 per 10 gram as profit taking emerged at higher levels.
Gold prices had surged above Rs 17,000 per 10 grams – a psychologically important level in early trades only to retreat thereon. It was last quoting at Rs 17,006 per 10 grams.
MCX Silver March settlement contract traded 0.5% higher at Rs 26,500 per kg, after having opened the session at Rs 25,311. The contract expires on Thursday.
Source BloombergUTV
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