The prices of gold were trading in MCX marginal profit on Friday. Gold prices rose grams in futures trading on Friday as profiteers committed covering up their pending short positions even as metal weakened near more than 1-month lows on global market.
At Multi Commodity Exchange, gold October futures contract was up by Rs. 113, or 0.41 per cent, to Rs. 27,880 per 10 grams. Gold price hit an intraday high of Rs 27888 and an intraday low of Rs 27791. So far 123 contracts have been traded in Exchange.
In the US Exchange, gold for August delivery was quoted at $ 1,293.20 a troy ounce during European afternoon trade, adding 0.19%.
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