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GOLD TRADED LOWER ON MUTUED TREND SEEN IN THE INTRNATIONAL SPOT PRICES

At the MCX, Gold futures for Dec contract was trading at Rs. 51134.00 per10 gms, down by 0.39%, after opening at Rs.51199.00 per10 gms, against a previous close of Rs. 51333.00 per10 gms. It touched an intra-day low of Rs. 51053.00 per10 gms and high of Rs.51199.00 per10 gms in the future market.

Gold remains choppy as market players continue to assess the feasibility of US stimulus deal as well as UK-EU Brexit deal.

Natural gas futures eased to Rs 221.10 per mmBtu on October 22 as participants increased their short positions.

Silver prices declined to Rs 62968.00 per kg on October 22 as participants increased their short positions.

Copper futures slipped 0.93% to Rs 533.55 per kg on Thursday as participants cut down their positions amid muted demand in domestic market.

On Multi Commodity Exchange, Commodities like CPO, Crude oil, Cotton futures were the gainers, gained by 0.96%,0.37% respectively. While Commodities like Silver,Copper,Zinc,Natural Gas, Nickel, MCXMetldex, MCX Bulldex, Gold, Gold M, Aluminium, Gold Petal, Gold Guinea futures were the losers with a loss of 1.04%, 0.93%, 0.83%, 0.81%, 0.72%,0.52%, 0.52%, 0.39%, 0.38%, 0.33%, 0.33%, 0.27% respectively. Lead, Mentha Oil Future has a flat note.



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