Business Standard

Saturday, December 28, 2024 | 06:58 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Gold futures rise 0.27 pc on global cues

Image

Press Trust of India New Delhi

Gold prices rose 0.27 per cent

in futures trade Wednesday as speculators created fresh positions, taking positive cues from global markets.

At the Multi Commodity Exchange, gold for delivery in December was up by Rs 86, or 0.27 per cent, to Rs 31,369 per 10 grams in a trade volume of 24 lots.

The metal for delivery in November moved up Rs 64, or 0.21 per cent, to Rs 31,225 per 10 grams in a turnover of 303 lots.

Market analysts said raising of bets by participants, tracking a firm trend overseas, influenced gold at futures trade here.

Meanwhile, gold was marginally higher at USD 1,190 an ounce in Singapore Wednesday.

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 10 2018 | 11:35 AM IST

Explore News