Tracking a firm trend overseas, gold prices rose by 0.54 per cent to Rs 30,573 per 10 grams in futures trading today as speculators built up fresh positions.
At the Multi Commodity Exchange, gold for delivery in April rose by Rs 165, or 0.54 per cent to Rs 30,573 per ten grams in business turnover of 114 lots.
Likewise, the metal for delivery in far-month June was trading higher by Rs 105, or 0.34 per cent to Rs 30,657 per ten grams in 335 lots.
Analysts said fresh positions by participants on the back of a firming trend in the global markets as the dollar eased amid fresh concerns of trade tensions between the United States and China, mainly led to rise in gold prices at futures trade.
Globally, gold rose 0.30 per cent to USD 1,329 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