Gold prices traded stable, underpinned by successful Greek swap deal. Nearly 86% of the private Greek bond holders have agreed for the bond swap deal, tendering about 155bn euros of the 177bn euros of Greeklaw bonds that were outstanding. The bond swap deal was component of a broader rescue agreement with Greece’s creditors that will see the country receive a 130bn euros aid from the EU and the IMF. Successful culmination of the Greek bond swap deal should soothe market anxiety regarding the Greece debt restructuring. Prices have support at Rs27,900/10gms and resistance at Rs28,100/ 10gms......
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