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Gold futures gain 0.04% on firm global cues

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Press Trust of India New Delhi
Last Updated : Mar 21 2018 | 11:25 AM IST

Gold prices rose 0.04 per cent to Rs 30,274 per 10 grams in futures trade today as speculators built up fresh positions, tracking a firm trend overseas.

At the Multi Commodity Exchange, gold for delivery in February traded higher by Rs 11, or 0.04 per cent, to Rs 30,274 per 10 grams, in a business turnover of 334 lots.

Metal for delivery in June also rose by a similar margin to trade at Rs 30,470 per 10 grams in 17 lots.

Analysts said traders created fresh positions in step with a firm global trend as the dollar crept lower, mainly supported the upside in gold prices at futures trade.

Globally, gold rose 0.19 per cent to USD 1,313.30 an ounce in Singapore.

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First Published: Mar 21 2018 | 11:25 AM IST

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