Gold futures rise 0.47 per cent on global cues

Image
Press Trust of India New Delhi
Last Updated : Sep 20 2017 | 11:48 AM IST
Gold prices rose by Rs 141 or 0.47 per cent to Rs 29,876 per ten grams in futures trade after the metal rose in overseas markets.
At the Multi Commodity Exchange, gold for delivery in far-month December rose by Rs 141 or 0.47 per cent to Rs 29,876 per ten grams in a business turnover of 46 lots.
The metal for delivery in October traded higher by Rs 129 or 0.44 per cent to Rs 29,750 per ten grams in 973 lots.
Analysts attributed the rise in gold prices to a firming trend overseas as the dollar weakened and investors awaited the US Federal Reserve's interest-rate decision later today.
Gold was trading 0.09 per cent higher at USD 1,311.90 an ounce in Singapore today.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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 20 2017 | 11:48 AM IST

Next Story