Gold climbs Rs 85 in futures trade on global cues

Image
Press Trust of India New Delhi
Last Updated : Jan 15 2016 | 1:07 PM IST
Gold prices rose by Rs 85 to Rs 25,722 per 10 gram in futures trade today as speculators took fresh positions on positive cues from global markets.
At the Multi Commodity Exchange, gold for delivery in February was trading higher by Rs 85, or 0.33 per cent, at Rs 25,722 per 10 gram, in a business turnover of 782 lots.
The metal for delivery in far-month April was also up by Rs 74, or 0.29 per cent, to Rs 25,827 per 10 gram, in a turnover of 30 lots.
Market analysts said the rise in gold prices at futures trade was mostly attributed to a firming trend in the precious metals overseas.
Globally, gold was trading 0.53 per cent higher at USD 1,084.20 an ounce in Singapore today.
*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 15 2016 | 1:07 PM IST

Next Story