Commodities

Gold futures marginally up

PTI New Delhi | Updated on February 22, 2011 Published on February 22, 2011

Gold futures prices rose by Rs 27 to Rs 20,757 per 10 grams on

Tuesday on sustained buying support by speculators on hopes of a rise in demand in the spot market.

At the Multi Commodity Exchange, gold for April contract rose by Rs 27, or 0.13 per cent, to Rs 20,757 per 10 grams, with a business turnover of five lots.

Similarly, the yellow metal for June contract gained Rs 10 to Rs 21,067 per 10 grams, with a trade volume of just two lots.

Market analysts said sustained buying by speculators on expectations of a rise in demand mainly helped the rise in gold futures prices.

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Published on February 22, 2011
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