Comments
Gold futures on the Multi Commodity Exchange opened higher at Rs 30,984 per 10 gm against Saturday's close of Rs 30,947.
In Comex, the yellow metal for December delivery Markel Comex was up at $1674 troy ounce.
Chinese industrial profit fell by the most this year. The Chinese Premier Wen Jiabao hinted at economic stimulus to arrest the sliding economy.
The development in China hss rekindled the hopes of easing from the global central banks. This may keep gold priced buoyed for the day.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.