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Gold futures on the Multi Commodity Exchange opened lower at Rs 31,011 per 10 grams on Tuesday against the previous close of Rs 31,070.
The bearish trend in Comex continued with gold for December delivery being traded lower at $1,659 a troy ounce.
Gold prices in the global markets were impacted by reports indicating that US Fed chief Ben Bernanke may refrain from monetary easing.
Gold futures at MCX may remain weak taking cues from global markets.
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