Investors are weighing the outlook for US interest rate hike as they eye key US economic data this week including retail sales and jobless claims which may show strength in the world's biggest economy.
Gold futures for October 2014 contract, at MCX, is trading at Rs. 27,378 per 10 grams, up by 0.43 per cent, after opening at Rs. 27,334, against the previous closing price of Rs 27,261. It touched an intra-day high of Rs 27,416. (At 11:18 AM).