Business Standard

Gold hits record high at Rs 30,388 per 10 gm

Positive cues from the overseas market pulled prices higher

Press Trust of India  |  New Delhi 

futures prices today hit a record high of Rs 30,388 per 10 gm as participants created speculative positions, taking positive cues from global

At the MCX, for delivery in August rose by Rs 77, or 0.25%, to trade at an all-time high of Rs 30,388 per 10 gm in a business turnover of 1,012 lots.

Globally, prices rose by $2 to $1,628.70 in previous session in New York.

Market analysts said speculative positions built-up by participants, tracking firming trend overseas, helped to hit record high at futures trade here.

RECOMMENDED FOR YOU

Gold hits record high at Rs 30,388 per 10 gm

Positive cues from the overseas market pulled prices higher

Gold futures prices today hit a record high of Rs 30,388 per 10 gm as participants created speculative positions, taking positive cues from global markets.

futures prices today hit a record high of Rs 30,388 per 10 gm as participants created speculative positions, taking positive cues from global

At the MCX, for delivery in August rose by Rs 77, or 0.25%, to trade at an all-time high of Rs 30,388 per 10 gm in a business turnover of 1,012 lots.

Globally, prices rose by $2 to $1,628.70 in previous session in New York.

Market analysts said speculative positions built-up by participants, tracking firming trend overseas, helped to hit record high at futures trade here.

image
Business Standard
177 22

Gold hits record high at Rs 30,388 per 10 gm

Positive cues from the overseas market pulled prices higher

futures prices today hit a record high of Rs 30,388 per 10 gm as participants created speculative positions, taking positive cues from global

At the MCX, for delivery in August rose by Rs 77, or 0.25%, to trade at an all-time high of Rs 30,388 per 10 gm in a business turnover of 1,012 lots.

Globally, prices rose by $2 to $1,628.70 in previous session in New York.

Market analysts said speculative positions built-up by participants, tracking firming trend overseas, helped to hit record high at futures trade here.

image
Business Standard
177 22