Gold futures recover 0.32% on global cues

Traders create fresh positions as metal adds 0.46% in Singapore

<a href="http://www.shutterstock.com/pic-76071352/stock-photo-gold-jewelry-background-soft-selective-focus.html" target="_blank">Image</a> via Shutterstock
Press Trust of India New Delhi
Last Updated : Aug 26 2014 | 12:05 PM IST
Gold prices rose by 0.32 per cent, to Rs 27,950 per 10 grams in futures trade as speculators created fresh positions taking positive cues from the global market.

At the Multi Commodity Exchange, gold for delivery in far- month December was up by Rs 90, or 0.32 per cent, to Rs 27,950 per 10 gram in business turnover of 18 lots.

October gold added Rs 76, or 0.27 per cent, to Rs 27,847 per 10 gram in a turnover of 611 lots.

Also Read

Analysts said fresh positions built-up by participants following a better trend in global market, influenced gold prices at futures trade here.

Meanwhile, gold rose by 0.46 per cent, to $1,282.10 an ounce in Singapore.
*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: Aug 26 2014 | 11:45 AM IST

Next Story