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Gold futures rise marginally on global cues

Posted on March 12th, 2011 by Administrator

Gold futures rise marginally on global cues
New Delhi, Mar 10 (PTI) Gold prices rose marginally by 0.14 per cent to Rs 21,385 per 10 grams in futures trade today, tracking a firming trend in global markets.At the Multi Commodity Exchange, gold for delivery in June rose by Rs 40, or 0.14 per cent, to Rs 21,385 per 10 grams, with a turnover of 17 lots.Likewise, futures contracts for April delivery of the yellow metal moved up by Rs 39, or 0 …
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Intro To Open Interest In The Futures Market
Open interest , the total number of open contracts on a security, applies primarily to the futures market. Open interest is a concept all futures traders should understand, because it is often used to confirm trends and trend reversals for futures and options contracts . Although this number often gets lost as traders focus on bid price, ask price, volume and implied volatility, paying attention …
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Gold Slides As Dollar, Chinese Data Prompt Profit-Taking; Pullback Seen As Correction
(Kitco News) At settlement, April gold was down by $ 17.10 to $ 1,412.50 an ounce on the Comex division of the New York Mercantile Exchange. The contract bottomed at $ 1,403, its weakest
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