Commodities

Marginal rise in gold futures

PTI New Delhi | Updated on March 10, 2011 Published on March 10, 2011

Gold prices rose marginally by 0.14 per cent to Rs 21,385 per 10 grams at the futures trade today, tracking a firming trend in the global markets.

At the Multi Commodity Exchange, gold for delivery in June gained by Rs 40 or 0.14 per cent to Rs 21,385 per 10 grams with a turnover of 17 lots. Likewise, April contract also moved up by Rs 39 or 0.13 per cent to Rs 21,086 per 10 grams with a business turnover of 666 lots.

Market analysts said a firming trend overseas following political tensions in the Middle East and North Africa and the return of concerns over European debt woes mainly influenced the precious metal prices at the futures trade here.

Meanwhile, the yellow metal rose 0.09 per cent to $1,430.20 an ounce in the Asian trade today.

Published on March 10, 2011
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