***Gold steady on mounting Italy debt worry***
Gold prices hovered above USD 1,790 on Tuesday, after soaring more than 2 percent in the previous session, supported by safe haven demand as Italy took centre stage in the euro zone debt crisis.
Italian government bond yield soared to near 15-year highs, putting the euro zone’s third largest economy front and centre of the region’s debt crisis, despite efforts by policymakers scrambling to steam growing contagion.
***Market Movers***
-Slow and steady Steel remains progressive at NCDEX
- MCX Zinc futures trade positive on speculative buying
-MCX Crude Oil hits two-months high as Equity supports.
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