Gold prices edged higher by 0.13 per cent to Rs 31,350 per 10 grams in futures trade today as speculators built up fresh positions, taking positive cues from overseas markets.
At the Multi Commodity Exchange, gold for delivery in June rose by Rs 41, or 0.13 per cent to Rs 31,350 per 10 grams in business turnover of 192 lots.
On similar lines, the yellow metal for delivery in far-month August contracts gained Rs 33, or 0.10 per cent to Rs 31,580 per 10 grams in 17 lots.
Analysts said fresh positions created by participants in line with a firm trend overseas mainly influenced gold prices at futures trade.
Globally, gold rose 0.18 per cent to USD 1,314.50 an ounce in Singapore.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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