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Gold futures rise on strong Asian cues

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 1:57 AM IST

Gold futures prices rose by Rs 19 to Rs 20,865 per 10 grams today as speculators created fresh positions on a firming trend in domestic as well as Asian markets.

At the Multi Commodity Exchange, gold for delivery in April rose by Rs 19, or 0.10%, to Rs 20,865 per 10 grams, with a business turnover of eight lots.

Similarly, the metal for delivery in June moved up by Rs 16, or 0.08%, to Rs 21,146 per 10 grams, with a trade volume of just two lots.

Market analysts said better trend in Asian region mainly led to rise in gold prices in domestic as well as futures markets.

Meanwhile, gained 0.% to $1,433.15 an ounce in Asian region.

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First Published: Mar 25 2011 | 1:12 PM IST

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