Gold up by 0.3% on global cues
Speculators created positions amid positive cues from the global market
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Gold prices were up by Rs 89 to Rs 29,110 per 10 grams in futures trade today as speculators created positions amid positive cues from the global market.
At the Multi Commodity Exchange, gold for delivery in June moved up by Rs 89, or 0.31%, to Rs 29,110 per 10 grams in a business turnover of four lots.
The metal for delivery in far-month August was trading higher by Rs 92, or 0.31%, to Rs 29,334 per 10 grams in a turnover of 521 lots.
Analysts said a firming trend in global market amid weakening dollar raising the demand of the precious metal, influenced, influenced the precious metal here in futures trade.
Meanwhile, gold rose 0.20% to $1,234.70 an ounce in Singapore.
At the Multi Commodity Exchange, gold for delivery in June moved up by Rs 89, or 0.31%, to Rs 29,110 per 10 grams in a business turnover of four lots.
The metal for delivery in far-month August was trading higher by Rs 92, or 0.31%, to Rs 29,334 per 10 grams in a turnover of 521 lots.
Analysts said a firming trend in global market amid weakening dollar raising the demand of the precious metal, influenced, influenced the precious metal here in futures trade.
Meanwhile, gold rose 0.20% to $1,234.70 an ounce in Singapore.
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First Published: Apr 25 2016 | 11:42 AM IST