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Gold futures rise 0.6% on fresh bets

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Press Trust of India New Delhi
Last Updated : Apr 04 2019 | 1:00 PM IST

Gold prices rose by Rs 189 to Rs 31,757 per 10 gram in futures trade Thursday as participants created fresh positions, tracking a firm trend overseas.

At the Multi Commodity Exchange, gold for delivery in April contracts traded higher by Rs 189, or 0.6 per cent, to Rs 31,757 per 10 gram in a business turnover of 15,339 lots.

The gold for delivery in June, too, rose by Rs 206, or 0.65 per cent, to Rs 31,774 per 10 gram in 3,222 lots.

Marketmen said, the rise in gold prices at futures trade was mostly due to widening of positions by participants in the domestic markets.

Globally, the gold was trading a shade higher by 0.19 per cent at USD 1,292.53 an ounce in Singapore.

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First Published: Apr 04 2019 | 1:00 PM IST

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