ALSO READGlobal Markets - Investors flee risk assets as geopolitical tensions heat up Global Markets: U.S., European yields poised for weekly rise; oil up Global Markets - Bonds buckle as ECB hawk talk counters comforting Fed Global Markets: Euro, bond yields drive higher on ECB scale-back bets Global Markets: Brightening economy sets euro up for strongest quarter since debt crisis
Gold prices went up by 0.19 per cent to Rs 28,485 per 10 grams in futures trading today as speculators raised their bets amid a firm trend overseas. At the Multi Commodity Exchange, gold for delivery in far-month December rose by Rs 39, or 0.14 per cent, to Rs 28,485 per 10 grams, in a business turnover of 73 lots. Likewise, the yellow metal for delivery in October was up by Rs 19, or 0.07 per cent, to Rs 28,476 per 10 grams in 4,302 lots. Analysts said raising of bets by participants, tracking a firm trend in the global markets, mainly influenced gold at futures trade. Globally, gold edged higher by 0.41 per cent to USD 1,262.50 an ounce in New York.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)