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Gold futures rise 0.33% on global cues

Press Trust of India  |  New Delhi 

Gold prices rose by 0.33 per cent to Rs 28,085 per 10 gram in futures trade as participants created fresh positions, tracking a firm trend overseas.

At the Multi Commodity Exchange, gold for delivery in June rose by Rs 93, or 0.33 per cent, to Rs 28,085 per 10 gram, in a business turnover of 346 lots.



Likewise, the yellow metal for delivery in far-month August moved up by Rs 91, or 0.32 per cent, to Rs 28,280 per 10 gram in 9 lots.

Analysts said fresh positions built up by traders in line with a firm global trend where gold strengthened as a worldwide cyber attack fuelled demand for safe-haven assets, influenced the sentiment.

Globally, gold rose 0.25 per cent to USD 1,233.50 an ounce in

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

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Gold futures rise 0.33% on global cues

Gold prices rose by 0.33 per cent to Rs 28,085 per 10 gram in futures trade as participants created fresh positions, tracking a firm trend overseas. At the Multi Commodity Exchange, gold for delivery in June rose by Rs 93, or 0.33 per cent, to Rs 28,085 per 10 gram, in a business turnover of 346 lots. Likewise, the yellow metal for delivery in far-month August moved up by Rs 91, or 0.32 per cent, to Rs 28,280 per 10 gram in 9 lots. Analysts said fresh positions built up by traders in line with a firm global trend where gold strengthened as a worldwide cyber attack fuelled demand for safe-haven assets, influenced the sentiment. Globally, gold rose 0.25 per cent to USD 1,233.50 an ounce in Singapore. Gold prices rose by 0.33 per cent to Rs 28,085 per 10 gram in futures trade as participants created fresh positions, tracking a firm trend overseas.

At the Multi Commodity Exchange, gold for delivery in June rose by Rs 93, or 0.33 per cent, to Rs 28,085 per 10 gram, in a business turnover of 346 lots.

Likewise, the yellow metal for delivery in far-month August moved up by Rs 91, or 0.32 per cent, to Rs 28,280 per 10 gram in 9 lots.

Analysts said fresh positions built up by traders in line with a firm global trend where gold strengthened as a worldwide cyber attack fuelled demand for safe-haven assets, influenced the sentiment.

Globally, gold rose 0.25 per cent to USD 1,233.50 an ounce in

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

image
Business Standard
177 22

Gold futures rise 0.33% on global cues

Gold prices rose by 0.33 per cent to Rs 28,085 per 10 gram in futures trade as participants created fresh positions, tracking a firm trend overseas.

At the Multi Commodity Exchange, gold for delivery in June rose by Rs 93, or 0.33 per cent, to Rs 28,085 per 10 gram, in a business turnover of 346 lots.

Likewise, the yellow metal for delivery in far-month August moved up by Rs 91, or 0.32 per cent, to Rs 28,280 per 10 gram in 9 lots.

Analysts said fresh positions built up by traders in line with a firm global trend where gold strengthened as a worldwide cyber attack fuelled demand for safe-haven assets, influenced the sentiment.

Globally, gold rose 0.25 per cent to USD 1,233.50 an ounce in

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

image
Business Standard
177 22