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Gur up 1.9% on low-level buying

Near January contract gained 1.31%

Press Trust of India New Delhi
Gur prices rose by Rs 19 to Rs 996 per quintal in futures trade today on fresh buying by traders driven by a firming spot market trend.

Marketmen said pick up in demand in physical markets encouraged traders to raise their holdings.

Good winter season demand also  boosted the trading sentiments to some extent, they added.

At the National Commodity and Derivatives Exchange, gur prices for current December contract improved by Rs 19, or 1.94%, to Rs 996 per quintal, with an open interest of 3,990 lots.

Near January contract gained Rs 13.50, or 1.31%, to Rs 1,041.50 per quintal, having an open interest of 2,330 lots.

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First Published: Dec 02 2013 | 1:51 PM IST

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