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Gold futures climb Rs 393 on positive global cues

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Press Trust of India New Delhi
Last Updated : Jul 06 2016 | 6:07 PM IST
Gold prices surged by Rs 393 to Rs 32,346 per ten grams in futures trade in evening session today as participants enlarged positions, tracking a firm trend overseas.
The exchange opened for the evening session as it remained closed in the morning for 'Id-Ul Fitr'.
At the Multi Commodity Exchange, gold for delivery in August surged by Rs 393, or 1.23 per cent to Rs 32,346 per ten grams in a business turnover of 300 lots.
On similar lines, the yellow metal for delivery in far-month October rose by Rs 385, or 1.19 per cent to Rs 32,740 per ten grams in 43 lots.
Analysts attributed the rise in gold prices to a firm trend overseas as fears of Brexit impact resurfaced.
Meanwhile, gold gained 1.1 per cent to USD 1,370.75, after earlier touching the highest since March 2014 in London.

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First Published: Jul 06 2016 | 6:07 PM IST

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