Thursday, November 13, 2025 | 02:40 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Gold future prices rise by 0.2% on global cues

Speculators created fresh positions taking positive cues from the global market

Press Trust of India New Delhi
Gold prices rose by 0.21% to Rs 27,336 per 10 grams in futures trade as speculators created fresh positions taking positive cues from the global market.

At Multi Commodity Exchange, gold for delivery in far- month April was up by Rs 58, or 0.21%, to Rs 27,336 per 10 gram in business turnover of 38 lots.

The precious metal for delivery in February moved up by Rs 34, or 0.13%, to Rs 27,193 per 10 gram in a turnover of 1,765 lots.

Analysts said fresh positions built-up by participants following overnight gains in global market as declines in equity markets revived demand for the metal as a safe-haven, mainly influenced gold prices at futures trade here.
 

Meanwhile, gold rose to $1,238.32 an ounce in New York, the highest price since October 23.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 10 2014 | 11:40 AM IST

Explore News