Tracking global markets, gold continued its upward journey on the Multi Commodity Exchange today with its prices climbing marginally.
At 1100 hrs on the MCX, gold for the most-active June contract traded 0.60 per cent higher at Rs 14,715 per ten gram on the MCX counter, with a business turnover of 3,057 lots.
The far-month August contract gathered 0.59 per cent at Rs 14,696 per ten gram, clocking business of 152 lots.
Market analysts said gold traded higher after the precious metal gained in New York as the $ weakened, boosting demand for precious metals, and the sales of previously-occupied US homes fell more than expected in March.
Meanwhile in Asia, gold traded 0.82 per cent higher at $911.20 an ounce.
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