Tuesday, 9 October 2012

Gold buying edges up ahead of festivals


MTECHTIPS

Gold buying edges up ahead of festivals

Gold importers from India, the world's biggest buyer of the yellow metal, booked deals in small quantities to stock up for upcoming festivals as prices steadied near their highest level in a week.
At 3:05 p.m., the most-active gold for December delivery on the Multi Commodity Exchange (MCX) was 0.04 percent higher at 31,340 rupees per 10 grams, after hitting a high of 31,399 rupees, a level last seen October 3
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