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Gold futures rise 0.35% on global cues

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Press Trust of India New Delhi
Tracking a firm trend overseas, gold prices rose by 0.35 per cent to Rs 27,173 per 10 grams in futures trade today as traders built up fresh positions.

At the Multi Commodity Exchange, gold for delivery in far-month April went up by Rs 94, or 0.35 per cent to Rs 27,173 per ten grams in business turnover of 3 lots.

Similarly, the metal for delivery in February contracts traded higher by Rs 65, or 0.24 per cent to Rs 27,195 per ten grams in 377 lots.

Analysts attributed the rise in gold prices to fresh positions created by participants in line with a firm trend overseas.
 

Globally, gold rose 0.34 per cent to USD 1,135.90 an ounce in Singapore.

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Dec 21 2016 | 10:57 AM IST

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