Indian gold futures expected to open steady on Thursday

Indian gold futures are expected to open steady on Thursday after rising in the previous three sessions, while copper should climb on the back of a 1 percent rise in London prices.

The most-active gold for February delivery on theMulti Commodity Exchange (MCX) gained 0.71 percent to close at 27,852 rupees per 10 grams on Wednesday, after rising one percent on Tuesday.

International spot gold on Thursday held near a 2-1/2-week high hit in the previous session, as investors awaited a French bond auction later in the day to gauge the scope of the euro zone debt crisis and watched developments on Iran.   – Reuters

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Posted by admin on Jan 5 2012. Filed under Gold price. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry