Gold futures on Multi Commodity Exchange (MCX) were hovering around Rs 27000 mark. Comex Gold rose more than half a percent on Friday, heading for a second straight weekly gain after the European Central Bank (ECB) cut interest rates to an all-time low and the US Federal Reserve maintained its bond-buying stimulus programme reported Rueters.
Spot Gold Rates were trading lower in major cities in India. In Mumbai the gold rate per 10 gram of 995 purity and 999 purity slipped by Rs 455 at Rs 27210 and by Rs 455 at Rs 27070 respectively.
Gold was trading marginally in green in major metros in India on Thursday. At 10:46 hrs IST, MCX Gold June future was trading at Rs 26610, up Rs 70 or 0.26 percent.
Gold prices were trading higher in major cities of India on Tuesday. In Chennai market, prices of 24-carat gold per 10 gram were up by Rs 20 at Rs 30530 and rates of 22-carat gained by Rs 20 at Rs 28550.
At 14:12 hrs MCX GOLDGUINEA April contract was trading at Rs 21631 down Rs 53, or 0.24 percent. The GOLDGUINEA rate touched an intraday high of Rs 21894 and an intraday low of Rs 21505. So far 3106 contracts have been traded. GOLDGUINEA prices have moved down Rs 2908, or 11.85 percent in the April series so far.
Spot gold rates per 10 grams advanced in major metros in India. In Mumbai market, Standard gold (995 purity) was up by Rs 235 at Rs 27555 and pure gold (999 purity) was up by Rs 515 at Rs 27695.
At 12:05 hrs MCX GOLDPETAL November contract was trading at Rs 2655 up Rs 15, or 0.57%. It touched an intraday high of Rs 2680 and an intraday low of Rs 2645. So far 20803 contracts have been traded.
At 15:34 hrs MCX GOLD October contract was trading at Rs 25682 up Rs 9, or 0.04%. It touched an intraday high of Rs 25940 and an intraday low of Rs 25610. So far 19981 contracts have been traded.
At 14:29 hrs MCX GOLDM October contract was trading at Rs 25894.00 up Rs 176.00, or 0.68%. It touched an intraday high of Rs 25967.00 and an intraday low of Rs 25653.00. So far 44934 contracts have been traded.
At 11:40 hrs MCX GOLDPETAL September contract was trading at Rs 2595 up Rs 10, or 0.39%. It touched an intraday high of Rs 2602 and an intraday low of Rs 2578. So far 3748 contracts have been traded.
MCX GOLDGUINEA September contract was trading at Rs 20900 down Rs 23, or -0.11%. It touched an intraday high of Rs 21100 and an intraday low of Rs 20651. so far 4966 contracts have been traded.
At 14:16 hrs MCX GOLD October contract was trading at Rs 26168 down Rs 19, or 0.07%. It touched an intraday high of Rs 26404 and an intraday low of Rs 25907. So far 22134 contracts have been traded.