Gold futures rises 0.17% on global cues

Fresh position by speculators supported the trade

Image
Press Trust of India New Delhi
Last Updated : Jan 28 2013 | 2:33 PM IST

Gold futures for February rose by Rs 53, or 0.17% to Rs 30,384 per ten grams in 5861 lots.

At the Multi Commodity Exchange, the April contract traded higher by Rs 48, or 0.16% to Rs 30,941 per ten grams in 1,803 lots.

Fresh position by speculators supported the trade.

Data that showed central banks in Russia and Kazakhstan increased holdings helped the gold trade globally.

In Singapore, gold climbed 0.2% to $1,661.45 an ounce.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 28 2013 | 2:33 PM IST

Next Story