Gold futures closed higher in the domestic market on Monday as speculators created fresh positions. Analysts said building up of positions by speculators led to rise in gold prices at futures trade here but absence of cues from global markets, which remained closed, capped the gains.
At the MCX, gold futures for February 2017 contract ended at Rs 27560 per 10 grams, up by 0.42 per cent, after opening at Rs 27,401 against a previous close of Rs 27,445. It touched the intra-day high of Rs 27,600.
At the MCX, gold futures for February 2017 contract ended at Rs 27560 per 10 grams, up by 0.42 per cent, after opening at Rs 27,401 against a previous close of Rs 27,445. It touched the intra-day high of Rs 27,600.
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