American employers added fewer jobs last month, signaling a faltering labour market recovery, boosting the case for QE. US non-farm payrolls gained 148,000 in September, compared to 193,000 in the previous month.
Holdings in the SPDR Gold Trust, the biggest bullion-backed exchange-traded product, on Tuesday rose for the first time since September 19, up 0.8 per cent to 878.32 metric tons.
Gold futures for December 2013 contract, at MCX, were trading at Rs. 30,176 per 10 grams, up by 0.18 per cent after opening at Rs. 30,078, against the previous closing price of Rs 30,121. It touched an intra-day high of Rs 30,228. (At 11:53 AM).
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