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Gold futures extend gains, up 0.06% on global cues

Press Trust of India  |  New Delhi 

Gold prices edged up further by 0.06 per cent to Rs 30,492 per 10 grams in futures trade today as speculators expanded their positions, tracking a firm trend overseas.

At the Multi Commodity Exchange, gold for delivery in April month edged higher by Rs 18, or 0.06 per cent to Rs 30,492 per 10 grams in business turnover of 103 lots.

On similar lines, the for delivery in June month contracts were trading higher by Rs 16, or 0.05 per cent to Rs 30,582 per 10 grams in 1 lot.

Analysts said widening of positions by participants amid a better trend overseas influenced gold prices at futures trade.

Globally, gold rose 0.14 per cent to USD 1,326.80 an ounce in

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, March 08 2018. 10:40 IST