Business Standard

Gold up 0.1% on positive global cues

Market analysts attributed rise in gold prices at futures trade to positive global cues

Gold again emerging as a safe haven

Press Trust of India New Delhi
Gold prices were up by Rs 35 to Rs 31,050 per 10 grams in futures trade today as speculators raised their bets amid firm global trend.

At the Multi Commodity Exchange, gold for delivery in August was trading higher by Rs 35 or 0.11% to Rs 31,050 per 10 grams in a business turnover of 498 lots.

The yellow metal for delivery in October gained Rs 33 or 0.11% to Rs 31,450 per 10 gm in 7 lots.

Market analysts attributed rise in gold prices at futures trade to positive global cues.

Meanwhile, gold was trading higher 0.09% at $1,329.70 an ounce in Singapore.

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First Published: Jul 19 2016 | 11:22 AM IST

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