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Precious metals trade in red; Gold below Rs 60,000
Domestic precious metal futures traded in red on Monday. Last seen, MCX gold futures (Dec 5) were down Rs 87 or 0.15 per cent at Rs 59,665 per 10 grams at the last count, having traded between Rs 59,652 and Rs 59,699 earlier in the day. Silver futures (Dec 5) were down Rs 565 or 0.81 per cent at Rs 69,467 per kg. "Gold could start the week with a range-bound trade as a cautious tone persists ahead of crucial Inflation numbers from the US due tomorrow which is expected to provide more clues on the path of the Fed for further monetary tightening ahead. Retail sales numbers are due later in the week to also provide ... (full story)