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Gold futures rise on firm global trend

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 8:45 PM IST

Gold prices rose by Rs 23 to Rs 20,683 per 10 grams in futures trading today as speculators enlarged their positions, supported by a firm global trend.

At the Multi Commodity Exchange, gold for delivery in April rose by Rs 23, or 0.11%, to Rs 20,683 per 10 grams, with a business turnover of two lots.

June gold gained Rs 10, or 0.05%, to Rs 20,955, with an open interest of a single lot.

Analysts said increased buying by speculators in tandem with a firming global trend mainly led to the rise in gold futures prices.

Meanwhile, gold rose by 0.07% to $1,429.90 an ounce in Asian region.

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First Published: Apr 04 2011 | 1:57 PM IST

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