Press Trust of India / New Delhi Jun 22, 2009, 14:39 IST
Gold futures traded marginally up by 0.06 per cent in the afternoon trade on the Multi Commodity Exchange (MCX) today as traders were seen enlarging their positions, tracking firming global markets.
Gold for the most active far-month August month contract gained 0.06 per cent to Rs 14,551 per 10 gram on the MCX counters at 1215 hours with an open interest in 14,441 lots.
Similarly, the precious metal for delivery in October month contract inched up by 0.04 per cent to Rs 14,550 per 10 gram with an open interest of 1076 lots.
Marketmen said fresh buying by speculators in tandem with better trend in Asian region mainly helped gold prices to trade higher at futures market here.
Meanwhile, gold traded higher at 953.50 dollars an ounce in Asian region compared to previous level of 934.00 dollars.
Content Guide
