India gold futures rose july 13 2011

India gold futures rose july 13 2011, MCX gold futures july 13 2011 : India gold futures rose on Wednesday afternoon, extending gains for a fifth session in a row, nearing its all-time high, as fears of euro zone debt crisis spurred safe-haven buying in the yellow metal, pushing traders to the sidelines.

* The most-traded gold for August delivery on the Multi Commodity Exchange (MCX) was trading 0.42% higher at Rs 22,797 per 10 grams, after gaining 2.4% in the previous four sessions.

* The contract had struck a high of Rs 22,809, just 1% lower than the record high of Rs 23,148 hit on April 30.

* "Demand is poor as prices have reached all-time high," said Mayank Khemka, managing director, of gold wholesaler Khemka Group, adding that buyers stayed away despite a discount of $3-$4 on London prices.

* Overseas spot gold was trading higher at USD 1,574.55 an ounce, after hitting USD 1,572.96 in the previous session, barely USD 3 off the all-time high of USD 1,575.79 set on May 2.

Gold prices in india july 13 2011, MCX gold futures july 13 2011, gold prices pre gram in india, gold prices per 10 gram, gold stock prices july 13 2011.