Gold prices rose by Rs 154 to Rs 32,154 per 10 gram in futures trading Wednesday as speculators widened their bets, tracking a firm trend overseas.
At the Multi Commodity Exchange, gold for delivery in April was trading higher by Rs 154, or 0.48 per cent, at Rs 32,154 per 10 gram in a business turnover of 9,276 lots.
Similarly, the June contracts of the precious metal was trading up Rs 171, or 0.53 per cent, at Rs 32,432 per 10 gram with a business volume of 9,970 lots.
Analysts said raising of bets by participants, taking positive cues from global market as weakness in dollar raised demand for the precious metal as a safe-haven, mainly pushed up the gold prices at futures trade here.
Globally, gold rose 0.66 per cent to trade at USD 1,304.89 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