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Friday, August 13, 2010

MCX, NCDEX Tips Fundamental Review

Gold, Silver Futures continued to trade higher on Multi Commodity Exchange (MCX) weak INR and buying support here on Wednesday. In the overseas Market Gold, Silver traded down on weak Euro against dollar after fed meet.

Oil Futures are under pressure since Wednesday morning as investors seek safe havens following downbeat comments from the U.S federal reserve late Tuesday about U.S. economic growth.

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