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Gold futures rise 0.31% on positive global cues

Press Trust of India  |  New Delhi 

Gold prices rose 0.31 per cent to Rs 30,430 per 10 gram in futures trade today as speculators widened positions amid firm global cues.

At the Multi Commodity Exchange, gold for delivery in June rose Rs 94, or 0.31 per cent, to Rs 30,430 per ten grams in a business turnover of 2 lots.

Likewise, the for delivery in April contracts was trading higher by Rs 84, or 0.28 per cent, at Rs 30,302 per ten grams in 181 lots.

Analysts said expansion of positions by participants in tandem with a firm trend overseas, buoyed by a weaker dollar led to the rise in gold futures.

Gold rose 0.44 per cent to USD 1,335.10 an ounce in

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, February 14 2018. 11:15 IST
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