MCX gold open intrigue spikes to 25 ton as instability spirals (Power Commodity)

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The rising unpredictability in gold costs has incited hedgers to utilize MCXNSE 0.80 % prospects stage, to such an extent that the open enthusiasm for gold on MCX broke 25 metric tons (MT) and was at 25.4 metric tons on June 25 when gold costs hit a 6-year high. This is the most noteworthy since July 29, 2013, when product exchange duty was forced.

Turnover in MCX Gold (all variations) remained at Rs 11,447 crore which was at a three-year high — the past high was at Rs 17,142 crore on June 24, 2016. ..