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Gold futures rise on Akshaya Tritiya eve

Gold, gold rate, gold price, bullion, bullion market

Renewed buying

Mumbai: India gold futures extended gains for a fifth day in a row on Monday buoyed by chart-based buying and a weak rupee, which makes the dollar quoted gold expensive, analysts said.

Physical buying for Akshaya Tritiya, an auspicious day to buy gold, also aided sentiment, they added.

Text: Reuters

Images: Copyright Reuters/AFP. Any unauthorised reproduction is prohibited.

Also Read: Can festivals, marriage season revive demand for gold?




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