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Gold, silver flat on MCX
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Gold futures on Saturday was seen trading flat after slipping in yesterday's trade.
On the Multi Commodity Exchange (MCX), gold for April delivery was trading marginally higher by Rs 1 at Rs 28,670 per 10 grams at 2.30 pm IST and had touched an intra-day high of Rs 28,686 per 10 grams.
Similarly, the metal for June contract was up by Rs 9 at Rs 29,040 per 10 grams.
Silver for March delivery rose by Rs 44 at Rs 58,448 and touched intraday high of Rs 58,487 per kgs.
Domestic gold of 99.9 and 99.5% purity fell further by Rs 75 each to Rs 28,865 and Rs 28,725 per 10 grams, respectively.
The fall was seen due to sustained selling by stockist and a weakening trend seen globally.
GoodReturns.in
Story first published: Saturday, February 25, 2012, 15:03 [IST]