Business Standard

Gold futures rise on global cues

Fresh positions built-up by speculators in tandem with a firm global trend as the US debt ceiling weakened the dollar

Read more on:    Mcx | Gold Prices | Trade Volume
Related News

rose by Rs 63 to Rs 30,803 per 10 gm in futures trade today as speculators created fresh positions, taking positive cues from overseas markets.

At the Multi Commodity Exchange, February gold rose by Rs 63, or 0.20%, to Rs 30,803 per 10 gm, with a business turnover of 3,323 lots.

The April delivery moved up by Rs 60, or 0.19%, to Rs 31,467 per 10 gm, with a of 160 lots.

Marketmen said fresh positions built-up by speculators in tandem with a firm global trend as the US debt ceiling weakened the dollar, boosting appeal for the metal, mainly led to a rise in gold futures prices.

Globally, the gold in Singapore climbed 0.4% to $1,674 an ounce.

Read more on:   
|
|

Read More

Gems & jewellery exports fall 17% in 2012

Rupee depreciation protects decline, exports to rise 15-20% next financial yearIndias gems and jewellery (G&J) exports declined 17.09 per cent in ...

Quick Links

 

Market News

Cardamom up 0.7% on strong demand

Spice for delivery in June gained 0.38%

Palm oil down 0.3% on subdued demand

Oil for delivery in May traded lower by 0.15%

Natco extends gains on US court ruling over generic Copaxone

US Supreme Court ruling paved the way to launch generic version of Teva's Copaxone

Shasun Pharma zooms 40% in three days ahead of board meeting

The board is scheduled to meet today to consider issuing convertible warrants/equity shares on a preferential basis to the promoters.

Mentha oil up 0.4% on pick-up in demand

Oil for April contract traded higher by 0.45%

Back to Top