Monday, 5 December 2011

Gold edged higher on Monday morning

Gold edged higher on Monday morning following a weaker rupee, and premiums in the physical market steadied even as buying remained absent in the peak wedding season, dealers said.

The most-active gold for February delivery on the Multi Commodity Exchange (MCX) was 0.15 percent higher at 29,243 rupees per 10 grams.

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