Gold a shade higher in futures trade on global cues

October, December contracts up 0.09% and 0.16%, as traders enlarge positions

Press Trust of India New Delhi
Last Updated : Sep 03 2014 | 12:08 PM IST
Gold prices rose 0.16 per cent to Rs 27,765 per 10 grams in futures trading today as speculators enlarged positions amidst a rebound in global markets.

At the Multi Commodity Exchange, gold for delivery in December moved up by Rs 43, or 0.16 per cent, to Rs 27,765 per 10 grams in a business turnover of six lots.

October gold traded higher by Rs 25, or 0.09 per cent, to Rs 27,579 per 10 grams in 218 lots.

Also Read

Analysts said a slightly better trend in the global markets after yesterday's plunge supported the upside in gold prices at futures trade here.

Meanwhile in Singapore, gold traded higher at $1,266.15 an ounce from $1,265.40 yesterday.
*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: Sep 03 2014 | 12:05 PM IST

Next Story