Business Standard

Gold futures gain 0.2% on firm global cues

Speculators enlarged positions amid a better trend overseas

Press Trust of India New Delhi
Gold prices increased by 0.15% to Rs 25,796 per 10 grams in futures trading today as speculators enlarged positions amid a better trend overseas.

At the Multi Commodity Exchange, gold for delivery in June rose by Rs 40, or 0.15%, to Rs 25,796 per 10 grams in a business turnover of eight lots.

Similarly, the yellow metal for delivery in April traded higher by Rs 33, or 0.13%, to Rs 25,650 per 10 grams in 505 lots.

Analysts said a better trend in the global markets supported the upside in gold prices at futures trade here.

Meanwhile, in Singapore, gold rose to $1,151.35 an ounce from $1,149.57 yesterday.

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First Published: Mar 18 2015 | 12:57 PM IST

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