Gold recovered by 1.46 per cent to Rs. 28,444 per 10 grams in futures trade on Monday, tracking a better trend overseas as euro zone debt woes boosted the appeal of the precious metal as an alternative asset.
At the Multi Commodity Exchange, gold for delivery in December moved up by Rs. 408, or 1.46 per cent, to Rs. 28,444 per 10 grams, with a trading volume of 553 lots.
Similarly, the metal for October delivery rose by Rs. 400, or 1.44 per cent, to Rs. 28,130 per 10 grams, with a turnover of 6,016 lots.
From: http://ping.fm/4Vanv
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