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Lead up 0.5% on short-covering

Prices rose due to rising spot markets demand

Press Trust of India New Delhi
Lead futures for April traded 50 paise, or 0.45% higher at Rs 112.65 per kg in 497 lots.

At the Multi Commodity Exchange (MCX), the May contract rose by 35 paise, or 0.31%, to Rs 113.35 per kg in 24 lots.

Prices rose due to covering-up of short positions by speculators and rising spot markets demand.

Besides, metals's gains at the London Metal Exchange (LME), also gave push to rising prices.

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First Published: Apr 09 2013 | 2:24 PM IST

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