Comments
Gold prices edged higher by Rs 66 to Rs 25,288 per 10 gram at the futures trade as speculators widened positions, tracking a firm trend overseas.
At the Multi Commodity Exchange, gold for delivery in December moved up by Rs 66 or 0.26 per cent to Rs 25,288 per ten grams in a business turnover of 1,338 lots.
Similarly, the yellow metal for delivery in far-month February next year was trading higher by Rs 63 or 0.25 per cent to Rs 25,436 per ten grams in 148 lots.
Analysts said participants enlarged positions on the back of a firm global trend, which mainly led to rise in gold prices at the futures trade.
Globally, gold rose 0.17 per cent to $1,072.70 an ounce in Singapore.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.