MCX Gold June contract trades flat

MCX Gold prices have moved down Rs 5318, or 16.52 percent in the June series so far. At 11:09 hrs MCX Gold June contract was trading at Rs 26876 up Rs 22, or 0.08 percent.

GOLD prices on MCX were trading flat. At 11:09 hrs MCX GOLD June contract was trading at Rs 26876 up Rs 22, or 0.08 percent. The GOLD rate touched an intraday high of Rs 26918 and an intraday low of Rs 26855. So far 2681 contracts have been traded. GOLD prices have moved down Rs 5318, or 16.52 percent in the June series so far.

MCX GOLD August contract was trading at Rs 27071 down Rs 8, or 0.03 percent. The GOLD rate touched an intraday high of Rs 27141 and an intraday low of Rs 27060. So far 382 contracts have been traded. GOLD prices have moved down Rs 5156, or 16.00 percent in the August series so far.

MCX GOLD October contract was trading at Rs 27348 up Rs 70, or 0.26 percent. The GOLD rate touched an intraday high of Rs 27348 and an intraday low of Rs 27348. So far 1 contracts have been traded. GOLD prices have moved down Rs 4502, or 14.14 percent in the October series so far.

Source: http://commoditytradingtips.blog.com...t-trades-flat/ | http://tradingtipsexpert.wordpress.com/sources/

Thanks for posting. What is the differential between US prices and prices in India and is the spread sufficient that a trader in the US could make a profit trading in both countries?