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Gold opened on the higher side at the futures market and saw good buying interest.
MCX gold August contract opened at Rs 30,093 per 10 grams against yesterday’s close of Rs 30,011. Given the good demand, it may touch Rs 30,180 during the course of the day.
In the Mumbai spot market, the yellow metal was trading at Rs 3,002 per gram.
At Comex, it was trading at $1,624.56 a troy ounce at 11 am.
The European Commercial Bank will meet in the evening to decide on rate cut and bonds buying.
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