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Gold futures gain 0.12 per cent

Press Trust of India  |  New Delhi 

Gold prices rose 0.12 per cent to

Rs 31,779 per 10 grams in futures trade Wednesday as speculators built up fresh positions, shrugging-off weak overseas trend.

At the Multi Commodity Exchange, gold for delivery in February traded higher by Rs 38, or 0.12 per cent, at Rs 31,779 per 10 grams, in a business turnover of 2,085 lots.

Analysts said the rise in gold prices at futures trade was mostly on the back of fresh positions built up by participants but a weak trend overseas, limited the gains.

Globally, gold fell 0.20 per cent at USD 1,282.97 an ounce in

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

First Published: Wed, January 09 2019. 12:10 IST