On Friday, The Gold prices trading steady after touching its highest level in more than two months, due to the rising tensions between the U.S. and North Korea. Currently, Gold Trading for delivery in October month higher by Rs 76 or 0.26 percent at 29,252 per 10 gram at MCX. Gold Future prices up by Rs 76 and 0.26 percent for October month. Silver prices also trading higher by Rs 164 or 0.42 percent at 39,377 per kg at Multi Commodity Exchange. Silver future trading up Rs 164 or 0.42 percent at 39,377 per kg.
MCX CPO closed little lower weighs down by weak oil and oil seed prices in the country. Earlier in the month, the prices have been under pressure due to cut on the base import prices of refined, bleached and deodorized palm oil, refined, bleached and deodorized palm olein and crude palm olein by $12 per tonne each for the first half of August. Malaysian palm oil futures rose to a one-week high on Wednesday but corrected late in the session on anticipation of higher output data to be released on Thursday.
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