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Gold futures up on positive domestic cues

Press Trust of India  |  New Delhi 

Gold prices rose 0.02 per cent to Rs 34,717 per 10 gram in futures trade Tuesday as speculators extended exposure amid firm domestic cues.

On the Multi Commodity Exchange, gold contracts for August delivery increased by Rs 8, or 0.02 per cent, to Rs 34,717 per 10 gram in a business turnover of 11,279 lots.

The precious metal to be delivered in October traded up by Rs 69, or 0.2 per cent, to Rs 35,452 per 10 gram in a business turnover of 18,423 lots.

Analysts said raising of bets by participants taking positive cues from domestic markets mainly pushed up gold prices at futures trade here.

Globally, the yellow metal prices were trading marginally up by 0.36 per cent to USD 1,438.50 an ounce in New York.

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

First Published: Tue, July 30 2019. 13:05 IST