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Lead gains by 0.2% on spot demand

Participants enlarged their exposures amid rising demand in spot markets

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Press Trust of India New Delhi
Lead futures gained 0.22% to Rs 115.15 per kg today after participants enlarged their exposures amid rising demand in spot markets.

At the Multi Commodity Exchange, lead for delivery in current month traded higher by 25 paise, or 0.22%, at Rs 115.15 per kg, with a turnover of 200 lots.

Similarly, metal for delivery in July was trading 20 paise, or 0.20% higher at Rs 116.25 per kg in business volume of two lots.

Besides rising demand from battery-makers at domestic spot markets, a firm trend in select base metals at the London Metal Exchange as investors await signals of monetary tightening from the Federal Reserve, influenced lead prices here.

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First Published: Jun 17 2015 | 11:28 AM IST

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