Gold futures were trading higher during in the domestic
market on Monday as as speculators raised bets amid a firm global trend.
. Market analysts attributed the rise in gold prices at the futures
trade to positive global cues as fresh concerns over North Korea’s
nuclear ambitions stoked safe-haven demand for the precious metal and
weighed on the dollar.
At the MCX, gold futures for December 2017 contract is trading at Rs
29687 per 10 grams, up by 0.39 per cent, after opening at Rs 29698,
against a previous close of Rs 29573. It touched the intra-day high of
Rs 29772.
SELL GOLD BELOW 29720 TGT 29650 SL ABOVE 29800
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