Business Standard

Gold rises marginally despite weak global cues


Press Trust of India New Delhi
Gold prices were up by 0.15 per cent to Rs 30,953 per 10 gram in futures trade today as speculators created positions, ignoring weak global cues.
At the Multi Commodity Exchange, gold for delivery in June was trading higher by Rs 45, or 0.15 per cent, to Rs 30,953 per 10 gram in a business turnover 103 lots.
The yellow metal for delivery in April gained Rs 31, or 0.10 per cent, to Rs 30,730 per 10 gm in 387 lots.
Market analysts attributed the rise in gold prices in futures trade to building up of positions by speculators, but a weak trend in the precious metals overseas restricted the gains.
Globally, gold shed 0.15 per cent to USD 1,342.50 an ounce in Singapore.

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

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 28 2018 | 12:20 PM IST

Explore News