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Gold rises Rs 52 on positive global cues

Press Trust of India  |  New Delhi 

Gold prices rose by Rs 52 to Rs 29,995 per 10 grams in futures trade today as speculators raised their bets amid a firm global trend.

At the Multi Commodity Exchange, gold for delivery in October was trading higher by Rs 52 or 0.17 per cent to Rs 29,995 per 10 grams in a business turnover of 85 lots.

The far-month December contract of gold was up by Rs 51, or 0.17 per cent, to Rs 30,140 per ten grams in a business volume of two lots.

Market analysts attributed rise in gold futures to widening of positions by participants, taking positive leads from global market.

Gold rose by 0.33 per cent to USD 1,331.40 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: Wed, September 13 2017. 10:48 IST