GOLD
Gold futures raised by 0.26 percent on Tuesday at the domestic markets as investors pursue shelter from steep losses in the oil market and among speculation the Federal Reserve will keep rates on hold for maximum time. Oil prices continued to collapse to trade near the shortest level since spring 2009 after Goldman Sachs slashed its 2015 price forecast, citing arising global supplies. At MCX, Gold futures for February 2015 contract was trading at Rs 27,100 per 10 gram, upward by 0.26 percent after opening at Rs 27,145, against the last day of ending price of Rs 27,030. It touched the intra day max of Rs 27,180 till the trading. (At 12.04 AM).
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