Business Standard

Gold futures up on firm Asian cues

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Press Trust of India New Delhi

Gold prices rose by Rs 95 to Rs 28,646 per 10 grams in futures trading today, as speculators created fresh positions on hopes a rise in demand in the spot market and firm trend in Asian region.

At the Multi Commodity Exchange, the June gold rose by Rs 95, or 0.33% to Rs 28,646 per 10 grams in business turnover of 762 lots.

The April delivery moved up by Rs 87, or 0.31%, to Rs 28,186 per 10 grams in 4,402 lots.

Market analysts attributed the rise in gold futures to firming trend in Asian region.

Meanwhile, gold traded higher by 0.02% to $1,663.20 an ounce in Asian region.

 

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First Published: Mar 26 2012 | 1:58 PM IST

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